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Consumers Expect Modest Increase in Spending Growth and Continued Government Support

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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).

Suggested Citation

  • Gizem Koşar & Rachel Pomerantz & Wilbert Van der Klaauw, 2020. "Consumers Expect Modest Increase in Spending Growth and Continued Government Support," Liberty Street Economics 20200928b, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:88793
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    More about this item

    Keywords

    expectations; spending; programs; households; income; survey;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance

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