0 the degree to which people feel confident about how well the economy is doing, which influences how much money they are willing to spend:
falling/rising consumer confidence The auto industry, hit by falling consumer confidence, is having its slowest year for more than a decade.
Government survey data shows consumer confidence is at its highest level in two years.
The improvement in consumer sentiment surprised many analysts, given the increases in unemployment.
1 the degree to which people feel confident about a particular product or service and trust it: