Consumer Sentiment and Spending on Durable Goods

Frederic S. Mishkin

1978, No. 1

MANY studies have found the Index of Consumer Sentiment compiled by
the University of Michigan’s Survey Research Center to be a useful explanatory
variable for consumer expenditure, especially on consumer
durables. Why should this be so? This paper seeks to provide an answer
to this question.

The Brookings Institution is committed to quality, independence, and impact.
We are supported by a diverse array of funders. In line with our values and policies, each Brookings publication represents the sole views of its author(s).

Consumer Sentiment and Spending on Durable Goods

Subscribe to the Economic Studies Bulletin

Consumer Sentiment and Spending on Durable Goods

Frederic S. Mishkin FSM Frederic S. Mishkin

Frederic S. Mishkin