15.7k views
3 votes
Why is strong consumer confidence important to an economy?

2 Answers

2 votes

Answer:

It also measures how confident people feel about their income's stability. Their confidence impacts their economic decisions—like their spending activity. As a result, consumer confidence is a key indicator for the overall shape of the economy. Consumer confidence usually increases when the economy expands.

Step-by-step explanation:

User Nrzonline
by
5.3k points
2 votes

Answer:

BBBBBBBBBBBBBBBBB

Step-by-step explanation:

BBBBBBBBBBBB

B . B

B B

B B

BBBBBBBBBBBB

B B

B B

B B

BBBBBBBBBBBB

User Margaret Bloom
by
5.5k points