Spending Monitor and Index Trends:

Consumer Spending Report Index

December 2014

The CSG U.S. Spending Monitor decreased 1 point between October and November. This month while there was an increase in the amount of adults that rated the economy as excellent, from 4.6% to 6.2%, there was also an increase in the amount of adults that rated the economy as poor, from 34.4% to 35.6%. Also, a majority of Americans, 40.1%, still believe the economy is getting worse. Over half of adults surveyed rated their personal finances as fair or poor (60.0%) and almost a third answered good (28.5%). A greater percentage of males to females believe their personal finances are getting better with 29.2% of males saying they believe their personal finances are getting better and 23.8% of females answering the same.

The CSG Restaurant Spending Index decreased 3.5 points between October and November. Nearly half of adults surveyed, 50.1%, reported going out to dinner less than one time during a typical week, compared to 44.9% last month. Frequently visited restaurant concepts, fast food and fine dining, increased among the adults surveyed to 26.9% and 6.4%, respectively. Casual dining restaurants were visited less, 60.4% of adults, than compared to the 64.6% of adults in the month prior.

The CSG Retail Spending Index decreased 1.8 points between October and November. While the percentage of adults that reported they would spend more this month than last slightly increased, a greater percentage said they would spend less or about the same. Almost half of adults surveyed, 47.9%, reported that they spent about the same this month as last month and 17.0% reported they spent less. Now that the holiday season has officially begun, it is expected that the index and spending will increase next month. Of those surveyed, 37.7% report that they expect to spend more next month, 14.3% answered less, 45.4% answered they will spend about the same, and 2.6% answered that they are not sure.

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CSG: Consumer Spending Report
December 2014

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.

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November 2014
October 2014
September 2014
August 2014
July 2014
June 2014