Center for Microeconomic Data

 
SURVEY OF CONSUMER EXPECTATIONS
Inflation Expectations Are Mixed at the One- and Three-Year Horizons
The April 2022 Survey of Consumer Expectations shows that inflation expectations fell to 6.3 percent at the one-year horizon and rose to 3.9 percent at the three-year horizon. Households remained positive about their labor market prospects with earnings growth expectations stable at its series high and job loss expectations hovering near its series low. Household spending expectations over the next year also rose to a series high. However, perceptions of credit access relative to a year ago fell for the fourth consecutive month, and expectations of credit access one year from now declined to a series low.

For more details:
Press Release: Inflation Expectations Mixed; Credit Access Expectations Deteriorate
SURVEY MODULES
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.
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