If there is consumer confidence, people generally are willing to spend money and buy things.
The Fed is keen to ensure that rising joblessness does not hit consumer confidencein the new year.
consumer confidence in British English
(kənˈsjuːmə ˈkɒnfɪdəns)
noun
economics
a measure of consumers' optimism in the state of an economy as reflected in their spending behaviour
Rising unemployment has meant a fall in consumer confidence.
Examples of 'consumer confidence' in a sentence
consumer confidence
Not only are the official economic numbers looking better but so are measures of consumer confidence.
Times, Sunday Times (2015)
Coming up with such a measure is important and might give consumers confidence in the claims that companies make.
Times, Sunday Times (2007)
But it should still be done, for the boost it will give to consumer confidence.
Times, Sunday Times (2008)
For one thing, other measures of consumer confidence are pointing up.
Times, Sunday Times (2015)
This is to ensure that they have enough money to keep their aircraft safe and to give consumers confidence that their tickets will be honoured.
Times, Sunday Times (2009)
The primary task of the Government is to stop a financial meltdown that destroys all consumer confidence in the economy.
Times, Sunday Times (2008)
This month has seen a two-point rise in its overall measure of consumer confidence, on the back of continued strong employment growth and rising real incomes.