Center for Microeconomic Data

Survey of Consumer Expectations
According to the results of the August 2020 Survey of Consumer Expectations, home price growth expectations nearly returned to levels seen a year ago, while delinquency expectations remain low. However, year-ahead spending, household income, and labor market expectations all remain weak compared to the pre-COVID-19 period. Median inflation expectations increased at both the short- and medium-term horizons, while uncertainty and disagreement about future inflation remain elevated.

9/14, 10:30 a.m.: We published the August 2020 core SCE survey results ahead of the 11 a.m. release schedule due to an early release of the headline news on social media.

For more details:
Press Release: Consumers’ Expectations Improve Slightly But Remain Weak
Fielding the Survey
The SCE is a nationally representative, Internet-based survey of a rotating panel of approximately 1,300 household heads. Respondents participate in the panel for up to twelve months, with a roughly equal number rotating in and out of the panel each month. Unlike comparable surveys based on repeated cross-sections with a different set of respondents in each wave, our panel enables us to observe the changes in expectations and behavior of the same individuals over time.