What does the fall in the Reuters/University of Michigan Consumer Sentiment Index indicate about consumer expectations of economic activity — especially when the possibility of the US slipping into another recession is looming large? Can survey data help forecast economic activity? Which economic measures correlate well with the survey’s results? Herein, we show how the survey data correspond to real economic variables.
- Regions: United States
- Authors: Amitesh Kumar
- Products: Datastream
- Keywords: economics, sentiment
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