consumer confidence
noun[U]
ukus(alsoconsumer sentiment)ECONOMICS
thedegreeto whichpeoplefeelconfidentabout how well theeconomyis doing, whichinfluenceshow muchmoneythey arewillingtospend:
falling/rising consumer confidenceTheautoindustry,hitbyfallingconsumerconfidence, is havingitsslowestyearfor more than adecade.
Governmentsurveydatashowsconsumerconfidenceis atitshighestlevelin twoyears.
Theimprovementinconsumersentimentsurprisedmanyanalysts, given theincreasesinunemployment.
thedegreeto whichpeoplefeelconfidentabout aparticularproductorserviceandtrustit:
consumer confidence in sthConsumerconfidencein thebanksis at anall-timelow.
shake/restore consumer confidenceRecentsafetyscareshaveshakenconsumerconfidencein themeatindustry.