Variations in Consumer Sentiment Across Demographic Groups

20 Pages Posted: 6 Mar 2006

See all articles by Maude Toussaint-Comeau

Maude Toussaint-Comeau

Federal Reserve Bank of Chicago

Leslie McGranahan

Federal Reserve Bank of Chicago

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: consumer confidence, demographic groups, Consumer Economics, Empirical Analysis

Suggested Citation

Toussaint-Comeau, Maude and McGranahan, Leslie, Variations in Consumer Sentiment Across Demographic Groups. Economic Perspectives, 2006, Available at SSRN: https://ssrn.com/abstract=888536

Maude Toussaint-Comeau (Contact Author)

Federal Reserve Bank of Chicago ( email )

230 S. LaSalle St.
Chicago, IL 60604
United States
312-322-8443 (Phone)

Leslie McGranahan

Federal Reserve Bank of Chicago ( email )

230 South LaSalle Street
Chicago, IL 60604
United States
312-322-5023 (Phone)
312-322-2357 (Fax)

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