SPY & OECD Consumer Confidence Index
A composite index measuring U.S. consumer confidence, normalized around 100 as the long-term average, based on survey data about economic expectations.
SPY Price
OECD Consumer Confidence Index
Normalized around 100 (long-term average)
What It Measures
The OECD Consumer Confidence Index (CCI) for the United States measures consumer optimism about the economy based on survey responses. The index: - Is **amplitude-adjusted** and normalized with 100 representing the long-term average - Values above 100 indicate above-average consumer confidence - Values below 100 indicate below-average consumer confidence - Captures expectations about personal finances, employment, and economic conditions The OECD compiles this using data from consumer surveys, harmonizing methodology across member countries for international comparability.
Why It Matters
**Consumer Spending Predictor**: Consumer spending accounts for ~70% of U.S. GDP. Confident consumers spend more. **Leading Indicator**: Changes in consumer confidence often precede changes in actual spending behavior. **International Comparison**: OECD's standardized methodology allows comparison of consumer confidence across countries. **Recession Warning**: Sharp declines in confidence often precede or coincide with economic downturns. **Policy Monitor**: Central banks monitor consumer confidence as an indicator of household economic expectations.
Key Levels
Data Sources
SPY: S&P 500 ETF daily OHLCV data (1993-02-02 to 2026-02-13)
Confidence: CSCICP03USM665S - OECD Consumer Confidence Index from Organization for Economic Co-operation and Development (OECD)
Units: , ,