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Federal Reserve Bank of Chicago
Economic Perspectives
Variations in consumer sentiment across demographic groups
Leslie McGranahan
Maude Toussaint-Comeau

Consumer sentiment is one of the many macroeconomic indicators tracked by policymakers and the public. The aggregate numbers in consumer sentiment indexes, such as the University of Michigan's Index of Consumer Sentiment, conceal a wealth of demographic-specific information. The authors' findings suggest that index disaggregation by group matters because consumer sentiment varies systematically by demographic group.

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Leslie McGranahan & Maude Toussaint-Comeau, "Variations in consumer sentiment across demographic groups" , Federal Reserve Bank of Chicago, Economic Perspectives, issue Q I, pages 19-38, 2006.
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Keywords: Consumers ; Demography ; Wealth
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