consumer confidence
noun🔊/kənˌsjuːmə ˈkɒnfɪdəns/
🔊/kənˌsuːmər ˈkɑːnfɪdəns/
[uncountable] (a measure of the degree of confidence people have in the economy as a whole and in their own financial situation. If consumer confidence is high, people spend more and the economy grows; the opposite is true if consumer confidence is low.