Expectations Index


Also found in: Acronyms.

Expectations Index

A survey of 5,000 households in which respondents are asked their impressions and sentiments regarding economic conditions in the coming six months. Specifically, they are asked their impressions on employment prospects, business opportunities, and, perhaps most importantly, their expected spending habits. The Expectations Index is the most important component of the Consumer Confidence Index, which businesses use to help make investment decisions. For example, if the Expectation Index shows that consumers are unlikely to spend more on luxury items in the next six months, the leisure industry will probably not build new hotels in that time period. See also: Friedman unit.
References in periodicals archive ?
"As a result, the Byblos Bank/AUB Expectations Index retreated by 11 percent since last May."
As such, the Present Situation Index increased by nearly 13 per cent and the Expectations Index improved by 10 per cent in November, the highest increase for both indices since last June.
Components of the leading composite index in March (m-o-m) consumer expectations index (1.7p), KOSPI (1.9%), ratio of export to import prices (0.1%), spreads between long & short term interest rates (0.01%p), ratio of job openings to job seekers (-2.3%p), domestic shipments of machinery (-1.4%), value of construction orders received (-6.2%), inventory circulation indicator (-1.4%p)
Breaking down the survey sub-categories, consumer expectations index reached 185 points in September, the highest among other sub-indexes, reflecting a clear optimism to the future conditions.
The report's expectations index fell to 83.7 in September from 93.1 the previous month, while the present-situation index fell to 89.4 from 93.9.
The Present Situation Index increased to 88.3 from 86.3, while the Expectations Index rose to 92.7 from 86.4 in June.
The expectations index rose to 92.7 from an upwardly revised 86.4, while the present situation index rose to 88.3 from an upwardly revised 86.3 in June.
The results of the general index and other sub-indexes, such as 'the current situation index compared to the previous last three months', and the 'expectations index for the next three months' according to economic activity (industrial, commercial, services, construction), showed varying rates of optimism in 2013.
The headline Expectations Index hit 88.7, up from July's 86.0.
The Expectations Index improved to 73.3 from 63.7 last month.
Import expectations index was up by 3.2 point in Q1 2012 over the previous quarter at 104.6 points from 101.4 points.
The Conference Board's present situation index jumped to a three-year high, with the expectations index the highest in seven months.