a statistical measure of how consumers feel about the current and future of the economy, based on saving and spending
Consumer confidence is a closely watched statistic generated by the Conference Board, which measures consumers’ feelings about the economy.
noun 1. credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods.
- Consumer durable
noun 1. a manufactured product that has a relatively long useful life, such as a car or a television
- Consumer-generated media
noun See user-generated content
plural noun, Economics. 1. goods that are ready for consumption in satisfaction of human wants, as clothing or food, and are not utilized in any further production (contrasted with ). plural noun 1. goods that satisfy personal needs rather than those required for the production of other goods or services Compare capital goods Goods, such […]
[kuh n-soo-mer-ist] /kənˈsu mər ɪst/ noun 1. Also called consumer advocate. a person who is dedicated to protecting and promoting the welfare and rights of . adjective 2. of or relating to interests or consumerism.