Consumer Confidence (OECD)
The OECD Consumer Confidence Index measures how optimistic US consumers are about their finances, jobs, and the broader economy, using a methodology harmonized across member countries for clean international comparison. It is amplitude-adjusted and normalized so that 100 represents the long-term average.
Latest reading
As of January 2024, Consumer Confidence (Confidence index) stands at 98.9 — up from 98.1 the prior reading. Read it against 100: above means consumers are more optimistic than their historical norm and likely to keep spending, below means caution. Because spending is roughly 70% of GDP, shifts here tend to lead actual spending — and sharp declines often precede or accompany downturns. It runs smoother than the Michigan sentiment survey, so direction off the 12-month average is the cleaner tell. Series history runs from 1993 to present.
Confidence index
Next release: TBD
Full history
How to read it
Read it against 100: above means consumers are more optimistic than their historical norm and likely to keep spending, below means caution. Because spending is roughly 70% of GDP, shifts here tend to lead actual spending — and sharp declines often precede or accompany downturns. It runs smoother than the Michigan sentiment survey, so direction off the 12-month average is the cleaner tell.
Methodology & data
Consumer Confidence is sourced from OECD via the Federal Reserve's FRED service (OECD via FRED (CSCICP03USM665S), monthly). We pull the complete history, chart it on a monthly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.
Every reading is stamped with its release date, last updated 2026-06-09. See our methodology for the standards every series on the site is held to.
- Category
- Sentiment
- Frequency
- Monthly
- Source
- OECD
Related indicators
Frequently asked questions
What is the Consumer Confidence (OECD)?
The OECD Consumer Confidence Index measures how optimistic US consumers are about their finances, jobs, and the broader economy, using a methodology harmonized across member countries for clean international comparison. It is amplitude-adjusted and normalized so that 100 represents the long-term average.
How do you read Consumer Confidence?
Read it against 100: above means consumers are more optimistic than their historical norm and likely to keep spending, below means caution. Because spending is roughly 70% of GDP, shifts here tend to lead actual spending — and sharp declines often precede or accompany downturns. It runs smoother than the Michigan sentiment survey, so direction off the 12-month average is the cleaner tell.
Where does the Consumer Confidence data come from?
OECD via FRED (CSCICP03USM665S), monthly. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/consumer-confidence.csv.
How often is Consumer Confidence updated?
Consumer Confidence is a monthly series from OECD, refreshed here as soon as a new release posts to FRED.