Problem
Business journalists, pundits, economists and policymakers all pay attention to the results of the Conference Board's monthly survey of 5,000 households called the consumer confidence index. When the index is rising, this is good news for the economy, and when it is falling, concerns are often heard that it portends a recession. Why is this survey important as a tool in forecasting where the economy is headed in the near future?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.