U.S. Consumer Spending Tracker

Publish date: 2024-08-05

The survey is conducted monthly among a representative sample of 2,200 U.S. adults. The first run took place in September 2020, with additional questions added in subsequent versions. Data is collected during the first week of each month, with all questions pertaining to the previous month.

Morning Consult calculates consumer spending estimates by taking the trimmed mean of open-ended numerical response data. This approach allows reported nominal spending levels to more freely drift over time, eliminating the downward bias that arises from using static spending ranges for goods and services during periods of sustained inflation. Another benefit of this process is that it can be applied to international spending data as coverage expands to other countries, many of which have also experience rapid inflation.  Consult our methodology page  and a benchmarking article for more information.

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