Global| May 18 2012Rasmussen Reports Weekly Deterioration in Consumer & Investor Indexes
by:Tom Moeller
|in:Economy in Brief
Summary
Consumer opinion regarding the economy deteriorated for most of this week versus the first full week of May, according to the Rasmussen Survey. On average, the Consumer Index slipped to 88.7 from 90.4 last week. That follows a [...]
Consumer opinion regarding the economy deteriorated for most of this week versus the first full week of May, according to the Rasmussen Survey. On average, the Consumer Index slipped to 88.7 from 90.4 last week. That follows a sideways movement since January. However, today's index popped 6.3 points to 93.1, its highest level since late-April and near the high end of its range maintained for most of this year.
The Investor Index similarly moved sideways, with a downward bias, for most of this year. It slipped to 97.8 from 98.2 last week. However, like the consumer index, it jumped 5.9 points today to its highest level in two weeks.
The Rasmussen Consumer and Investor Indexes are derived from nightly telephone surveys of 500 adults (including Saturday and Sunday) and reported on a three-day rolling average basis. It dates back to April 2004. The figures are available in Haver's Daily, Weekly and USECON databases.
| Rasmussen Weekly Surveys | 05/18/12 | 05/11/12 | 05/03/12 | Y/Y% | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|
| Consumer Index | 88.7 | 90.4 | 89.4 | 12.7 | 75.1 | 79.4 | 70.8 |
| Investor Index | 97.8 | 98.2 | 96.8 | 4.8 | 84.5 | 89.4 | 78.2 |
Tom Moeller
AuthorMore in Author Profile »Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.
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