New York Fed to launch consumer expectations survey
January 8, 20142501
The New York Federal Reserve’s Manhattan headquarters. (Credit: www.wikipedia.org.)
The Federal Reserve Bank of New York will launch its “Survey of Consumer Expectations” next week, to provide timely information about consumer expectations and behavior through three categories: inflation, labor market and household finances, the agency announced Tuesday.
The new survey contains information about how consumers expect overall inflation and prices for food, gas, housing and education to behave. It also provides insight on views about job prospects and wage growth, as well as their expectations about future spending and access to credit. Expectations are also available by age, geography, income, education and financial literacy.
The New York Fed introduced the survey in a series of four blog posts in December.
This story was written by our staff based on a press release.
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