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 2/8/08 For Feb 2008 | ||||||||
| ||||||||
Highlights
The overall RBC CASH Index stands at 48.5 for February 2008, almost eight points below January's 56.3 level. Consumer sentiment as measured by the latest RBC CASH (Consumer Attitudes and Spending by Household) Index has dropped to the lowest levels since the CASH Index was created six years ago. Continuing a downward trend that has persisted through the last year, consumer sentiment fell across the board, driven especially by declining confidence in current conditions and growing worries about job security and investing, according to the survey of 1,006 Americans taken earlier this week. The decline was attributed to recent comments by President Bush about signs of weakness in the domestic economy, further rate cuts by the Federal Reserve and poor jobs data have taken a toll on consumer confidence.
| 2008 Release Schedule | ||||||||||||||||||||||||||
|
powered by
![[Econoday]](../../../../../../../../../images/logo.gif){kind=logo}