Application of Various Modelling Techniques Into Consumer Confidence Index

Abstract

The principles of sentiment are presented by economic conditions such that most of the variance in consumer sentiment is caused by economic situations, either directly or indirectly. There are political and economic repercussions to investors’ economic optimism or pessimism. Customer expenditures and hence, the direction of the economy’s future are predicted by the degree of consumer confidence. Investors, who are in a similar way, are positioned economically, but, have different biased thoughts bringing forward quite different sentiments about the future of economics. © 2025 CRC Press.