enters a recession after the Conference Board, Present Situation Index drops by 15 points from its prior year's value., Consumer confidence by country Canada The Conference Board of Canada's Index of Consumer Confidence has been ongoing since 1980. It is constructed from responses to four attitudinal questions posed to a random sample of Canadian households. Those surveyed are asked to give their views about their households' current and expected financial positions and the short-term employment outlook. They are also asked to assess whether now is a good or a bad time to make a major purchase such as a house, car or other big-ticket items. India The relevance of a consumer confidence index for a country like India is evident from the fact that Consumption Expenditure accounts for over 60% of India's GDP. The BluFin Consumer Confidence Index is the first monthly, statistically robust index of consumer sentiment in India. The CCI is designed to provide reliable insights into the direction of the Indian national and regional economies. Released once a month, the index is computed from the results of a monthly survey of 4,000 consumers in 18 cities across India.The Zyfin (formerly known as BluFin) Consumer Confidence Index was developed by a team of financial economists and statisticians led by Dr. Sam Thomas, Ph.D., Director of Research and Development at BluFin. Dr Thomas is also Professor of Banking and Finance at the Weatherhead School of Management, Case Western Reserve University, Cleveland, Ohio. Israel The Israeli consumer confidence index is conducted by Israel's daily Globes and is published monthly by Globes's research unit. Spain The Spanish CCI is made since 2004. The Instituto de Crédito Oficial (ICO) based its calculation on the methodology of Michigan and the USA Conference Board. Since November 2011 is the Centro De Investigaciones Sociológicas (CIS) who is responsible for its publication. The CCI is built up from a monthly survey of opinion with implementing standardized telephone questionnaire to a representative sample of the population resident in Spain of 1000 individuals over 16 years. The sampling procedure is multistage, with selection of primary sampling units (municipalities) in a random proportional to each of the Spanish provinces and the secondary units (households) from telephone numbers and the last units (individuals) as cross-gender quotas and age. United States There exist several indicators that attempt to track and measure consumer confidence in the US: Consumer Confidence Index The Consumer