Consumer Confidence Dips; Spending Likely to Remain Strong

Spending Monitor and Index Trends:

Consumer Spending Report Index

May 2017

• The CSG US Spending Monitor decreased to 115.8.

• The CSG Restaurant Spending Index decreased to 109.9.

• The CSG Retail Spending Index decreased to 108.4.

The CSG Spending monitors decreased during April polling, indicating a slowdown in record-high consumer confidence from previous months. Still, monitors remain well above their respective rolling three-month averages and spending is likely to remain strong heading into the summer months.

The unexpected dip occurred amidst a continued divide across the country. During the most recent polling, 61% of Republicans believe the economy is getting better, while only 21% of Democrats believe the same. Conversely, 48% of Democrats polled believe the economy is getting worse, compared to only 15% of Republicans who believe the same…

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CSG: Consumer Spending Report
May 2017

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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