Confidence survey.Confidence Survey: Consumer confidence among Californians held steady at the highest level in three years in the first quarter of 2007, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a survey released by Chapman University Chapman University is a private, nonprofit university located in the city of Orange in Orange County, California, USA. Mission statement The mission of Chapman University is to provide personalized education of distinction that leads to inquiring, ethical and productive . The California Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". of Consumer Sentiment registered at 101.9 in the first quarter, up slightly from 101.0 in the fourth quarter and well above the 88.7 reading for the first quarter of 2006. A reading above 100 indicates a higher percentage of optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op consumers compared with pessimistic ones. The robust confidence level was driven by a surge in planned spending on big-ticket items. The survey was taken in mid-February. |
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