Center for Microeconomic Data

Survey of Consumer Expectations
The October Survey of Consumer Expectations shows households reporting a decline in income and spending growth expectations and a mixed labor market outlook. Regarding labor market expectations, the mean perceived probability of losing one’s job in the next twelve months decreased to 15.5 percent in October from 16.6 percent in September, remaining above its pre-COVID-19 reading of 13.8 percent in February. However, the mean perceived probability of finding a job (if one’s current job was lost) declined 3 percentage points to 46.9 percent in October, the lowest such reading since April 2014.

For more details:
Press Release: Consumer Expectations about Household Finances Weaken; Labor Market Expectations Mixed
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.
By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close