The Consumer Confidence Index - You Can Fool Some People Sometimes

October 4, 2006 -

Here is the graph for the Consumer Confidence Index in the U.S. (Source: Conference Board). Basically the CCI takes a representative sample of 5,000 households in the United States (which by the way, is an enormously tiny sample for a population of 300 million) and asks them how they feel about the state of the economy, with a particula…