RBC Consumer Attitudes And Spending By Household Index - RBC CASH Index
 |
Definition of 'RBC Consumer Attitudes And Spending By Household Index - RBC CASH Index 'An index based on a monthly national survey of consumer attitudes on the state of savings, local economies, personal financial situations and confidence to make significant investments, which covers both now and in the future. The RBC CASH Index was assigned a value in its base year (2002) of 100. The index is released at the end of the first full week of every month. |
 |
Investopedia explains 'RBC Consumer Attitudes And Spending By Household Index - RBC CASH Index 'Because consumer attitudes and confidence has a direct effect on the amount consumers spend and save, this data can be a valuable tool for predicting trends in the financial markets. Equity markets prefer high consumer spending and investment, while bond markets prefer moderate growth to stem inflation.Because consumer spending accounts for such a large portion of GDP (i.e. around 60% in 2008), the financial markets like to know how consumers feel and will feel about situations today and in the future. |
Related Definitions
Articles Of Interest
-
Economic Indicators That Do-It-Yourself Investors Should Know
Understanding these investing tools will put the market in your hands. -
Explaining The World Through Macroeconomic Analysis
From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone. -
Introduction To Stationary And Non-Stationary Processes
What to know about stationary and non-stationary processes before you try to model or forecast. -
What is GDP and why is it so important?
The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a ... -
Economic Indicators To Know
The economy has a large impact on the market. Learn how to interpret the most important reports. -
Introduction To Treasury Inflation-Protected Securities (TIPS)
If you want to protect your portfolio from inflation, all you need are a few TIPS. -
Nobel Winners Are Economic Prizes
Before you try to profit from their theories, you should learn about the creators themselves. -
Breaking Down The Balance Of Trade
The balance of trade is a key indicator of a nation’s health. Investors and market professionals appear more concerned with trade deficits than trade surpluses, since chronic deficits may be ... -
Open Market Operations Explained
The term “open market operations” refers to a monetary policy tool in which central banks buy and sell bonds to regulate the money supply in the economy. The United States employs open market ... -
Ways To Gauge The Market Open Direction
Accurately predicting the stock market’s opening moves can be a useful tool. If your projection is accurate, you have opportunity to profit. Of course, the first step is to correctly gauge the ...
Free Annual Reports