2007 U.S. Economic Events & Analysis
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RBC CASH Index
Definition
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 11/9/07 For Nov 2007
Index Level
 Actual 64.0  
 Previous 80.6  

Highlights
U.S. consumer confidence reached its lowest level in more than two years this month amid concerns over record-high oil prices, continued trouble in the housing market and higher inflation, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index, which measured the attitudes of 1,005 Americans this week. Although consumer attitudes deteriorated across the board, the substantial drop in expectations contributed heavily to the sizeable decline in the overall index. As a result, the overall RBC CASH Index sank more than 16 points to 64. According to RBC the results point to the continuation of the overall year-long downward trend in economic confidence.

2007 Release Schedule
Released On: 1/12 2/9 3/9 4/6 5/11 6/8 7/13 8/10 9/14 10/5 11/9 12/7
Released For: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec


 
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