Center for Microeconomic Data

Consumer Optimism Is Rising amid Higher Inflation Expectations
The March 2021 Survey of Consumer Expectations shows a continuation in the recent upward trend in inflation, home price, and spending growth expectations. In particular, expectations about home, gas, and rent price changes all reached new series highs. Labor market expectations continued to recover with higher expectations about job security and improved unemployment expectations. Finally, households were more positive about their current and expected financial situation and their ability to access credit.

For more details:
Press Release: Consumers’ Inflation, Home Price and Spending Expectations Keep Rising
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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