Spending Monitor and Index Trends:


Consumer Spending Report Index

June 2015

The CSG U.S. Spending Index decreased 0.4 points. Economic confidence remained stagnant this month with 33.5% of respondents still viewing the economy as excellent or good, and 65.2% viewing it as fair or poor. Interestingly, almost five times as many males as females reported viewing the economy as excellent: 10.6% vs. 2.9%. While adults were evenly split on their opinions on whether the economy is getting better or worse, more Republicans this month report believing the economy is getting better compared to last month: 22.7% vs. 18.9%. Another example of the stagnant monitor is the breakup of the percentage of adults when asking to rate their personal finances; 42.2% rated them as excellent or good and 56.4% rated them as fair or poor. While those that identified themselves as white had a much larger percentage that rated their personal finances as excellent or good (46.8%) to those that listed themselves as black (28.1%); those identified as black had a much higher percentage than those identified as white that believe their personal finances are getting better: 37.5% vs. 30.2%.

The CSG Restaurant Spending Index decreased 1 point. More than half of 40-64 year old consumers reported that they rarely or never go out to restaurants. Consumers aged 18-39 led the dining scene in the categories of dining out 2-3 times a week (18.8%) and 3+ times a week (8.1%) compared to adults aged 40-64 (13.3%, 3%) and 65+ (16.1%, 3%), respectively. A majority of adults who went out to restaurants for dinner chose to frequent casual dining locations the most with 65+ year olds leading the group at 74.5%, 40-64 year olds at 68.5%, and 18-39 year olds at 47.5%.

The CSG Retail Spending Index increased 0.9 points. Spending on household expenses had the largest increase in the percentage of adults that said they would spend more. There were also nominal increases in the percentages of adults that said they would spend more on clothing, footwear, or accessories, and on discretionary spending. It is expected that spending will remain about the same next month as 52.7% of adults said they would spend the same and 25.7% said they would spend more. While spending has slightly gone up and economic consumer confidence is higher now than a year ago, more than one third of those survey reported having no money left over after paying debts, and 18.1% say they couldn’t continue their lifestyle if they lost their income. This number is down slightly from a year ago when 22.2% answered the same…

Read More

CSG: Consumer Spending Report
June 2015

Consumer Spending Report

Download Now

Sign Up To Get Your CSR Monthly
First Name*

Last Name*

Company Name*

Email*

Phone Number*

Industry*
Be sure to bookmark the next page to skip re-entering this information on your next visit.
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:
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014