RBC Consumer Attitudes And Spending By Household Index - RBC CASH Index

Dictionary Says

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 Says

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.

comments powered by Disqus
Hot Definitions
  1. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  2. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  3. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  4. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  5. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  6. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
Trading Center