Trends in consumer sentiment and spending

Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers. It is seen as an important barometer of economic activities -- an indicator of the way people plan to spend their income. During times of greater economic uncertainty, as consumers perceive greater risk, they ten...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Chicago Fed Letter 2009-05 (262), p.1
Hauptverfasser: Toussaint-Comeau, Maude, DiFranco, Daniel
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page
container_issue 262
container_start_page 1
container_title Chicago Fed Letter
container_volume
creator Toussaint-Comeau, Maude
DiFranco, Daniel
description Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers. It is seen as an important barometer of economic activities -- an indicator of the way people plan to spend their income. During times of greater economic uncertainty, as consumers perceive greater risk, they tend to accumulate precautionary savings to insure against a sudden loss in income. If higher uncertainty about future income is associated with lower consumption, the magnitude of the shift toward precautionary saving is dependent on the level of current assets compared with expected future labor income. There is increasing evidence that consumer sentiment varies systematically across demographic and socioeconomic groups. An increase in the unemployment rate or a recession period is likely to generate an increase in uncertainty among consumers, even among those who may not themselves be unemployed. Policies that are designed using aggregate data are often aimed at particular demographic and income groups.
format Article
fullrecord <record><control><sourceid>proquest</sourceid><recordid>TN_cdi_proquest_reports_214547583</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>1692425211</sourcerecordid><originalsourceid>FETCH-proquest_reports_2145475833</originalsourceid><addsrcrecordid>eNpjYuA0MjQz1jU2tTRiYeA0sLA01TUwNDPhYOAqLs4yMDA0MrIw4mTQDClKzUspVsjMU0jOzysuzU0tUihOzSvJzAUSCol5KQrFBUAFmXnpPAysaYk5xam8UJqbQdHNNcTZQ7egKL-wNLW4JL4otSC_qKQ43sjQxNTE3NTC2JgYNQD_WDDO</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>214547583</pqid></control><display><type>article</type><title>Trends in consumer sentiment and spending</title><source>Freely Accessible Journals</source><source>Free E-Journal (出版社公開部分のみ)</source><creator>Toussaint-Comeau, Maude ; DiFranco, Daniel</creator><creatorcontrib>Toussaint-Comeau, Maude ; DiFranco, Daniel</creatorcontrib><description>Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers. It is seen as an important barometer of economic activities -- an indicator of the way people plan to spend their income. During times of greater economic uncertainty, as consumers perceive greater risk, they tend to accumulate precautionary savings to insure against a sudden loss in income. If higher uncertainty about future income is associated with lower consumption, the magnitude of the shift toward precautionary saving is dependent on the level of current assets compared with expected future labor income. There is increasing evidence that consumer sentiment varies systematically across demographic and socioeconomic groups. An increase in the unemployment rate or a recession period is likely to generate an increase in uncertainty among consumers, even among those who may not themselves be unemployed. Policies that are designed using aggregate data are often aimed at particular demographic and income groups.</description><identifier>ISSN: 0895-0164</identifier><identifier>EISSN: 2163-3592</identifier><language>eng</language><publisher>Chicago: Federal Reserve Bank of Chicago</publisher><subject>Consumer spending ; Consumers ; Consumption ; Demographics ; Economic conditions ; Economic indicators ; Economic trends ; Education ; Expenditures ; GDP ; Gross Domestic Product ; Households ; Macroeconomics ; Per capita ; Recessions ; Securities markets ; Socioeconomic factors ; Stock exchanges ; Stock market indexes ; Unemployment</subject><ispartof>Chicago Fed Letter, 2009-05 (262), p.1</ispartof><rights>Copyright Federal Reserve Bank of Chicago May 2009</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>312,780,784,791</link.rule.ids></links><search><creatorcontrib>Toussaint-Comeau, Maude</creatorcontrib><creatorcontrib>DiFranco, Daniel</creatorcontrib><title>Trends in consumer sentiment and spending</title><title>Chicago Fed Letter</title><description>Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers. It is seen as an important barometer of economic activities -- an indicator of the way people plan to spend their income. During times of greater economic uncertainty, as consumers perceive greater risk, they tend to accumulate precautionary savings to insure against a sudden loss in income. If higher uncertainty about future income is associated with lower consumption, the magnitude of the shift toward precautionary saving is dependent on the level of current assets compared with expected future labor income. There is increasing evidence that consumer sentiment varies systematically across demographic and socioeconomic groups. An increase in the unemployment rate or a recession period is likely to generate an increase in uncertainty among consumers, even among those who may not themselves be unemployed. Policies that are designed using aggregate data are often aimed at particular demographic and income groups.</description><subject>Consumer spending</subject><subject>Consumers</subject><subject>Consumption</subject><subject>Demographics</subject><subject>Economic conditions</subject><subject>Economic indicators</subject><subject>Economic trends</subject><subject>Education</subject><subject>Expenditures</subject><subject>GDP</subject><subject>Gross Domestic Product</subject><subject>Households</subject><subject>Macroeconomics</subject><subject>Per capita</subject><subject>Recessions</subject><subject>Securities markets</subject><subject>Socioeconomic factors</subject><subject>Stock exchanges</subject><subject>Stock market indexes</subject><subject>Unemployment</subject><issn>0895-0164</issn><issn>2163-3592</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2009</creationdate><recordtype>article</recordtype><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><recordid>eNpjYuA0MjQz1jU2tTRiYeA0sLA01TUwNDPhYOAqLs4yMDA0MrIw4mTQDClKzUspVsjMU0jOzysuzU0tUihOzSvJzAUSCol5KQrFBUAFmXnpPAysaYk5xam8UJqbQdHNNcTZQ7egKL-wNLW4JL4otSC_qKQ43sjQxNTE3NTC2JgYNQD_WDDO</recordid><startdate>20090501</startdate><enddate>20090501</enddate><creator>Toussaint-Comeau, Maude</creator><creator>DiFranco, Daniel</creator><general>Federal Reserve Bank of Chicago</general><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>4S-</scope><scope>4T-</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>885</scope><scope>8AO</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ANIOZ</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRAZJ</scope><scope>FRNLG</scope><scope>F~G</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M1F</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PYYUZ</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>20090501</creationdate><title>Trends in consumer sentiment and spending</title><author>Toussaint-Comeau, Maude ; DiFranco, Daniel</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-proquest_reports_2145475833</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2009</creationdate><topic>Consumer spending</topic><topic>Consumers</topic><topic>Consumption</topic><topic>Demographics</topic><topic>Economic conditions</topic><topic>Economic indicators</topic><topic>Economic trends</topic><topic>Education</topic><topic>Expenditures</topic><topic>GDP</topic><topic>Gross Domestic Product</topic><topic>Households</topic><topic>Macroeconomics</topic><topic>Per capita</topic><topic>Recessions</topic><topic>Securities markets</topic><topic>Socioeconomic factors</topic><topic>Stock exchanges</topic><topic>Stock market indexes</topic><topic>Unemployment</topic><toplevel>online_resources</toplevel><creatorcontrib>Toussaint-Comeau, Maude</creatorcontrib><creatorcontrib>DiFranco, Daniel</creatorcontrib><collection>Global News &amp; ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>BPIR.com Limited</collection><collection>Docstoc</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection</collection><collection>Banking Information Database (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Accounting, Tax &amp; Banking Collection</collection><collection>ProQuest Central</collection><collection>ProQuest Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central</collection><collection>Accounting, Tax &amp; Banking Collection (Alumni)</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global (ProQuest)</collection><collection>Banking Information Database</collection><collection>One Business (ProQuest)</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>Chicago Fed Letter</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Toussaint-Comeau, Maude</au><au>DiFranco, Daniel</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Trends in consumer sentiment and spending</atitle><jtitle>Chicago Fed Letter</jtitle><date>2009-05-01</date><risdate>2009</risdate><issue>262</issue><spage>1</spage><pages>1-</pages><issn>0895-0164</issn><eissn>2163-3592</eissn><abstract>Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers. It is seen as an important barometer of economic activities -- an indicator of the way people plan to spend their income. During times of greater economic uncertainty, as consumers perceive greater risk, they tend to accumulate precautionary savings to insure against a sudden loss in income. If higher uncertainty about future income is associated with lower consumption, the magnitude of the shift toward precautionary saving is dependent on the level of current assets compared with expected future labor income. There is increasing evidence that consumer sentiment varies systematically across demographic and socioeconomic groups. An increase in the unemployment rate or a recession period is likely to generate an increase in uncertainty among consumers, even among those who may not themselves be unemployed. Policies that are designed using aggregate data are often aimed at particular demographic and income groups.</abstract><cop>Chicago</cop><pub>Federal Reserve Bank of Chicago</pub></addata></record>
fulltext fulltext
identifier ISSN: 0895-0164
ispartof Chicago Fed Letter, 2009-05 (262), p.1
issn 0895-0164
2163-3592
language eng
recordid cdi_proquest_reports_214547583
source Freely Accessible Journals; Free E-Journal (出版社公開部分のみ)
subjects Consumer spending
Consumers
Consumption
Demographics
Economic conditions
Economic indicators
Economic trends
Education
Expenditures
GDP
Gross Domestic Product
Households
Macroeconomics
Per capita
Recessions
Securities markets
Socioeconomic factors
Stock exchanges
Stock market indexes
Unemployment
title Trends in consumer sentiment and spending
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-25T08%3A33%3A13IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Trends%20in%20consumer%20sentiment%20and%20spending&rft.jtitle=Chicago%20Fed%20Letter&rft.au=Toussaint-Comeau,%20Maude&rft.date=2009-05-01&rft.issue=262&rft.spage=1&rft.pages=1-&rft.issn=0895-0164&rft.eissn=2163-3592&rft_id=info:doi/&rft_dat=%3Cproquest%3E1692425211%3C/proquest%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=214547583&rft_id=info:pmid/&rfr_iscdi=true