Household Financial Conditions
Consumer spending fuels about two-thirds of the U.S. economy, so the health of the household sector interests policymakers keenly. In 2000, households have sent mixed signals. Although the Consumer Confidence Index has leveled off since the year began, it remains high, a sign that consumers expect the country’s strong economic performance to continue.
Suggested citation: "Household Financial Conditions," Federal Reserve Bank of Cleveland, Economic Trends, no. 00-10, pp. 18-19, 10.01.2000.