Survey of Consumer Attitudes and Behavior, September 2016
- University of Michigan. Survey Research Center. Economic Behavior Program
consumer attitudes; consumer expectations; consumer expenditures; economic policy; financial planning; government; home ownership; household expenditures; household income; interest rates; investments; national economy; retirement; stock markets; unemployment
The Survey of Consumer Attitudes and Behavior series (also known as the Surveys of Consumers) was undertaken to measure changes in consumer attitudes and expectations, to understand why such changes occur, and to evaluate how they relate to consumer decisions to save, borrow, or make discretionary purchases. The data regularly include the Index of Consumer Sentiment, the Index of Current Economic Conditions, and the Index of Consumer Expectations. Since the 1940s, these surveys have been produced quarterly through 1977 and monthly thereafter.
The surveys conducted in 2016 focused on topics such as evaluations and expectations about personal finances, employment, price changes, and the national business situation. Opinions were collected regarding respondents' appraisals of present market conditions for purchasing houses, automobiles, computers, and other durables. Also explored in this survey, were respondents' types of savings and financial investments, loan use, family income, and retirement planning.
Other topics include respondents' opinion of the presidential election and political affiliation. Demographic information includes ethnic origin, sex, age, marital status, and education.
AbstractThe purpose of this survey series is to forecast changes in aggregate consumer behavior.
MethodsThis survey is a rotating panel design. For each monthly sample, an independent cross-section sample of households is drawn. The respondents chosen in this drawing are then reinterviewed six months later. The result is a rotating panel design, and the total sample for any one survey is normally made up of 60 percent new respondents with 40 percent being interviewed for the second time.
WeightingThe data are not weighted, however, this collection contains three weight variables; WT (Household weight (WT_HH renamed)), WT_HH (Household weight), and WT_AD (Adult weight) that must be used in any analysis. For more information on weights and sampling, please refer to the documentation and/or visit the Surveys of Consumers Website.
AbstractDatasets: DS0: Study-Level Files DS1: Public-Use Data DS2: Restricted-Use Data
2016-09-01 / 2016-10-01Time Period: Thu Sep 01 00:00:00 EDT 2016--Sat Oct 01 00:00:00 EDT 2016
2016-08-25 / 2016-09-26Collection Date(s): Thu Aug 25 00:00:00 EDT 2016--Mon Sep 26 00:00:00 EDT 2016
computer-assisted telephone interview (CATI)
Information on the Index of Consumer Sentiment, the Index of Current Economic Conditions, and the Index of Consumer Expectations and how they were created can be found in the P.I. Codebook.
Additional information on the Surveys of Consumers can be found by visiting the Surveys of Consumers Website.
Update Metadata: 2020-11-18 | Issue Number: 1 | Registration Date: 2020-11-18