The Consumer Confidence Index
® (CCI) for this month (December 2015) was released by The Conference Board®
The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.
Every month, The Conference Board sends a questionnaire to 5,000 U.S. households. Survey participants are polled about their feelings regarding the U.S. economy, current and future, and about their own fiscal circumstances. On average, 3,500 participants complete and return the 5-question survey.
The baseline "100" score for the CCI is associated with 1985 survey data.
When consumers feel good about the economy, they tend to do more spending, and vice versa.
Based in New York City, The Conference Board is a private, not-for-profit organization with a mission to, "create and disseminate knowledge about management and the marketplace to help businesses strengthen their performance and better serve society."
The CCI is usually released on the last Tuesday of the month.
Last month, the CCI was 92.6
Click here to view the full Conference Board report