Spending Monitor and Index Trends:


Consumer Spending Report Index

July 2015

The CSG U.S. Spending Index increased 0.4 points. The monitor remained relatively stagnant this month with a combined 30.9% of adults rating the economy as excellent or good and 68.0% as fair or poor. While the percentage of adults that rate the economy as excellent or good is significantly lower than those that rate the economy as fair or poor, the percentage has continued to increase over the past year. Last April only 21.6% said excellent or good; that percentage grew to 29.4% by December 2014, 33.2% in April 2015, and has stabilized at 30.9% this month. When asked if personal finances are getting better or worse the percentages were evenly split with 30.7% answering better, 33.1% answering worse, 35.2% answering the same, and 0.9% weren’t sure.

The CSG Restaurant Spending Index increased 0.6 points between May and June. Compared to six months ago, 46.8% of adults who make under $50K stated that they are going out to eat less often compared to the 32.6% of adults making $50-$100K and 19.1% making more than $100K. Additionally, a majority of the adults surveyed across all income brackets – under $50K at 41.4%, $50-$100K at 48.1%, and $100K+ at 49.9% – expect their average cost per person when dining out to be between $10 to $20.

The CSG Retail Spending Index decreased 0.5 points. Reports of expected spending for next month slightly decreased in every category except for discretionary personal entertainment expenses, 13.7% in May vs. 14.9% in June. The category with the largest percentage of expected spending was household improvements with 22.9%. Almost half of adults surveyed reported that they spent about the same this month compared to last. Adults surveyed with children had the highest percentage that said they spent more this month compared to last (40.8% vs. 28.9%). It is expected that the spending index will remain about the same next month as 28.2% say they will spend more and 51.3% say they will spend about the same…

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CSG: Consumer Spending Report
July 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.

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