Each month, Bespoke runs a survey of 1,500 US consumers balanced to census. In the survey, we cover everything you can think of regarding the economy, personal finances, and consumer spending habits. We’ve now been running the monthly survey for more than three years, so we have historical trend data that is extremely valuable, and it only gets more valuable as time passes. All of this data gets packaged into our monthly Bespoke Consumer Pulse Report, which is included as part of our Pulse subscription package that is available for either $39/month or $365/year. We highly recommend trying out the service, as it includes access to model portfolios and additional consumer reports as well. If you’re not yet a Pulse member, click here to start a 30-day free trial now!
Our September 2017 Pulse report was recently published, and it showed a big surge in a number of economic readings on a month-over-month and year-over-year basis. After a summer slowdown, our newest Pulse report suggests that we’re in the midst of another uptick in the economy.
Below is a heatmap included in our Pulse report that summarizes changes in the major economic categories covered in our monthly survey. Green is indicative of strength, and as you can see, there’s a lot of it this month!
Below are charts that show the results of two questions we ask consumers on a monthly basis. The first asks respondents how their current income compares to their income from a year ago. As you can see, this reading made a new multi-year high in September, suggesting that consumers are flush with spending money as we approach the holiday months.
And consumers do plan on spending their additional income, as evidenced by the second chart below which asks about expected spending on discretionary items over the next few months.
To see our full economic Pulse report for September, click here to start a 30-day free trial now!