How useful are consumer surveys as macroeconomic indicators?

Most economic indicators attempt to summarize what happened at a particular time in the past. Consumer surveys, however, examine attitudes and are thus fundamentally different from other widely reported indicators. Some surveys, such as those that measure inflation expectations, have proven to be useful to economists and policymakers, while the evidence is more mixed for others, such as forecasts of consumer spending.

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Year of publication:	2010
Authors:	Webb, Roy H.
Published in:	Richmond Fed Economic Brief. - Federal Reserve Bank of Richmond. - 2010, July, 10-07
Publisher:	Federal Reserve Bank of Richmond
Subject:	Business cycles \| Economic conditions

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008764402