Economic sentiment refers to the overall attitude and feelings of consumers and businesses regarding the economy's current and future performance. It is often measured through surveys that assess confidence in economic conditions, such as job availability, inflation, and spending habits. High economic sentiment typically indicates optimism, while low sentiment suggests concern or pessimism about economic prospects. This sentiment can influence economic behavior, such as spending and investment decisions. For example, when consumers feel confident, they are more likely to spend money, which can drive economic growth. Conversely, negative sentiment may lead to reduced spending and slower economic activity, impacting various sectors and markets.