The Index is calculated on the basis of survey, in which 5000 families are surveyed. Its aim is to estimate the consumer’s optimism, hopes, and sentiments and find out the consumers’ desire to buy goods and services. The Index has been calculated since 1967. The first value was decided to be 100. The Index displays the American consumers’ mood optimism concerning current economic conditions in the country. It is calculated on the basis of monthly survey, in which some respondents estimate the perspectives of country’s economy. It exerts a moderate influence on financial market because the indicator can not reflect a real country’s economical state. However, the Consumer Confidence Index is traditionally used for forecasting the tendency of able-bodied population and the state of economy. The growth of this indicator exerts a positive influence on national currency, but its decrease leads to the US dollar downfall.
