.png)
.png)
Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.
DonateCHARTS
COVID-19 spurs drop in consumer expectations that will likely worsen
The Expectations Index, part of The Conference Board Consumer Confidence Survey®, measures consumer expectations over the next six months. This March, consumer expectations suffered one of its largest one-month declines—on par with steep drops of the past. It indicates increased pessimism for business conditions, employment, and income prospects. And this may be just the beginning: such a steep drop often signals a significant collapse in consumer spending and a severe economic contraction ahead. We can expect further declines in April as the effects of measures to curtail the spread of COVID-19 and widening unemployment continue to take hold.
FILTER BY CENTER
Media Room
PUBLICATIONS
BLOGS
PRESS RELEASES & iN THE NEWS
PRESS RELEASE
Survey: 60 Percent of US Workers Concerned About Their Mental Health in Pandemic’s Aftermath
April 09, 2021
Our Experts
Thought leaders who provide trusted insights for navigating companies and the economy though COVID-19.
