Consumers Expect Modest Increase in Spending Growth and Continued Government Support

Gizem Kosar, Rachel Pomerantz and Wilbert van der Klaauw

No 20200928b, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: The New York Fed’s Center for Microeconomic Data released results today from its August 2020 SCE Household Spending Survey and SCE Public Policy Survey. The former provides information on consumers' experiences and expectations regarding household spending, while the latter provides information on consumers' expectations regarding future changes for a wide range of fiscal and social policies and the potential impact of these changes on their households. These data have been collected every four months since December 2014 for the SCE Household Spending Survey and October 2015 for the SCE Public Policy Survey as part of the Survey of Consumer Expectations (SCE).

Keywords: expectations; spending; programs; households; income; survey (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2020-09-28
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