Spending Monitor and Index Trends:

Consumer Spending Report Index

May 2015

The CSG U.S. Spending Index increased 3.5 points. Overall, a combined 33.2% of adults rated the economy as excellent or good and 65.5% reported it as fair or poor. Last April, only 21.6% of adults rated the economy as excellent or good, and 76.3% rated it as fair or poor. This month, there were almost three times as many males than females that reported the economy as being excellent: 9.1% vs. 3.8%; males also had a much higher percentage that believe the economy is getting better, 37.2% vs. 26.6%. Adults this month reported a more optimistic outlook on their personal finances. This month a combined 44.3% rated their personal finances as excellent or good and 68% answered fair or poor. While many believe their personal finances are getting better, 40% of adults surveyed say that if they lost their income they could only continue their lifestyle for one to three months; 21% said less than a month, 31% answered four to six, and 9% weren’t sure. These numbers have remained relatively stagnant over the past year.

The CSG Restaurant Spending Index increased 3.5 points between March and April. After months of continuous decline, the spike suggests that consumers are more than optimistic about the future of the foodservice industry. Last April, the percentage of consumers that reported eating out more compared to six months ago was 6%, this month that percentage has doubled to 12%. Unlike the drastic increase in the restaurant spending index, the type of restaurant consumers frequented the most over the year remained relatively the same. April 2014 and 2015 both had the same amount of consumers that reported frequenting fine dining restaurants with 7%; the percentage that report frequenting casual dining restaurants has decreased from 65% in April 2014 to 60% in April 2015; and the percentage of consumers frequenting fast food locations increased from 21% in April 2014 to 27% in April 2015.

The CSG Retail Spending Index increased 1.9 points. As summer is approaching, adults are expecting to spend more on household improvements and clothing. Almost half of adults reported spending about the same as last month and over 30% said they spent more. More than half of adult’s surveyed report that they will spend about the same next month and a fourth reported they would spend more. Fewer adults are also expecting added expenses or a shortfall in income in the next 30 days. This month 30.9% say they expect added expenses, compared to 36.1% that said the same last month…

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CSG: Consumer Spending Report
April 2015

Consumer Spending Report

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The CSG US Spending Monitor, Retail Spending Index, and Restaurant Spending Index are monthly indexes of consumer spending intentions and capacity based on interviews with a random sample of 1,500 U.S. adults. In addition to spending, the survey asks consumers their opinions on the U.S. economy and their personal finances, retail and other discretionary spending.The Monitor began in January 2014 with a base index of 100. CSG captures a unique view of consumer, retail, and foodservice spending intentions. The CSR includes the CSG US Spending Monitor, which tracks economic confidence and spending intentions of US consumers, the CSG Restaurant Spending Index, which measures consumer spending intentions for restaurant purchases, and the CSG Retail Spending Index that measures consumer retail and discretionary spending confidence.The CSR will be available to all customers this summer delivered on a monthly basis. If you would like to receive the CSR report in your email, fill out the form to the left. Download Past Issues:
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014