Journal Article

Variations in consumer sentiment across demographic groups


Abstract: Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers and the public. The aggregate numbers in consumer sentiment indexes, such as the University of Michigan's Index of Consumer Sentiment, conceal a wealth of demographic-specific information. The authors' findings suggest that index disaggregation by group matters because consumer sentiment varies systematically by demographic group.

Keywords: Consumers; Demography; Wealth;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2006

Volume: 30

Issue: Q I