Center for Microeconomic Data

Inflation Expectations Are Largely Stable; Households Less Optimistic about Their Financial Situations
Median inflation expectations declined slightly to 2.8 percent at the medium-term horizon and rose marginally to 3.6 percent and 3.0 percent at the short- and longer-term horizons, respectively, according to the August Survey of Consumer Expectations. Income growth perceptions declined to 2.9 percent, the lowest reading since July 2021. Perceptions about current credit conditions and expectations about future conditions both deteriorated. Households’ perceptions about their current financial situations and expectations for the future also deteriorated.

For more details:
Press Release: Households Less Optimistic about Their Financial Situations
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