When consumers are confident in their economic circumstances, they increase spending on non-necessities, which causes manufacturing levels to rise and boosts GDP.

Authors

• Person: Not available Organization: IG
  What Are the Key Macroeconomic Indicators? | IG International

Sources

• What Are the Key Macroeconomic Indicators? | IG International www.ig.com IG via serper

Referenced by nodes (3)

• GDP concept
• consumer confidence concept
• spending concept