consumer confidence · measured
Ask PrometheusThe reach to buy that the members of a collective self report when asked, a report that moves what they then buy.
Consumer confidence (noun) means: The reach to buy that the members of a collective self report when asked, a report that moves what they then buy. It emerges from morale, reach, collective self, self-model: Households' self-reads of their reach are asked for and summed into a number; since each member acts on its own read, the number partly makes the spending it reports. In the EmergenceLexicon it sits at computed level 17, chaining down to the four foundations (space, time, energy, pattern).
Examples
- The Conference Board's Consumer Confidence Index and the University of Michigan's Index of Consumer Sentiment are both built from households' answers about present conditions and expectations. economics
Emergence
- a self-read of reach turned into a published number
- a report that moves the thing it reports on
Chain to foundations
full chain as text (393 steps)
- consumer confidenceL17
- moraleL16
- collective selfL15
- self-modelL14
- memberL7
- groupsL5
- modelL9
- keepL5
- acrossL13
- readL7
- subjectL5
- reachL13
- readL7
- memberL7
- timeL0
- keepL5
- acrossL13
- collective selfL15
- reachL13
- collective selfL15
- self-modelL14
- measureL11
- buyL9
- memberL7
- reportL8
- messageL7
- stateL2
- happenL2
- eventL3
- informationL6
- asksL7
- motionL2
- timeL0
- moraleL16
Neighborhood
Concepts that depend on this one above; what it is built from below.
Relations
| is-a | morale.collective | morale measured among members acting as buyers |
| contrasts-with | investor-sentiment.read | same self-read, held by investors and also read from prices |
| contrasts-with | feel-good-factor.rising | the feel-good factor is the unmeasured, political reading of the same rise |