The RBC CASH (Consumer Attitudes and Spending by Household) Index is a monthly national survey of consumer attitudes on the current and future state of local economies, personal financial situations, savings, and confidence to make large investments. The CASH Index is benchmarked against a baseline score of 100, assigned in January 2002 when the Index was introduced. Why Investors Care
| Released on 6/8/07 For Jun 2007 | ||||||||
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Highlights
June RBC CASH Index reading was 81.4, down from May's 87.1 level. The survey, which measured the attitudes of 1,000 Americans earlier this week, found respondents much less confident about their current situation and only mildly optimistic about their future prospects. According to RBC, the U.S. consumer sentiment is weighed down by several factors including higher mortgage rates and gasoline prices. The RBC CASH Index is a monthly national survey of consumer attitudes on the current and future state of local economies, personal finance situations, savings and confidence to make large investments.
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