Center for Microeconomic Data

Survey of Consumer Expectations
Consumers responding to the June 2020 Survey of Consumer Expectations remain less optimistic about earnings growth, income growth, and job finding expectations compared to the period before the COVID-19 outbreak. But some indicators measuring the outlook for household financial conditions show considerable improvement: home price growth expectations increased and the average probability of missing a future minimum debt payment reached a new series low. Median inflation expectations decreased at both the one-year and three-year horizons.

For more details:
Press Release: Continued Slow Improvement in Consumer Expectations
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.