Center for Microeconomic Data

Survey of Consumer Expectations
The February survey reports that median inflation expectations were unchanged at 2.5 percent at the one-year horizon and rose by 0.1 percentage point to 2.6 percent at the three-year horizon. Median expected household income growth declined to 2.7 percent after three consecutive monthly readings of 2.9 percent. The median home price change expectation increased slightly to 3.1 percent over the month, reaching its highest value since November 2018.

For more details:
Press Release: Consumer Expectations Remain Mostly Unchanged in February
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.