Back from the Brink!

But Uncertainty is the New Normal for Consumers

Spending Monitor and Index Trends:

Consumer Spending Report IndexConsumer Spending Report Index

February 2019

As expected, the big dip in the US Spending Monitor we saw last month was largely the result of a post-holiday hangover fed by consumer unease in the midst of the government shutdown, which ended (for now, at least) on January 25. However, while the Monitor the clawed back much of the ground it ceded in January, a general sense of uncertainty has begun to affect consumers’ willingness to spend at the retail level.

In this issue, we take a look at that development, as well as dive into the data to explain why consumers are currently less likely to let economic uncertainty interfere with their plans to eat out, which should be welcome news for restaurant industry observers. Finally, we leverage 5 years of consumer data to identify a new tipping point for retail ecommerce (and it’s all about smartphones)…

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CSG: Consumer Spending Report
February 2019

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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