We study the role of consumer confidence in forecasting real personal consumption expenditure, and contribute to the … confidence not only at the quarterly frequency, but using monthly data as well. Second, we employ real-time data in addition to … commonly used revised vintages. Third, we investigate the role of consumer confidence in a rich information context. We produce …

We offer a structural interpretation of survey measures of consumer confidence. Our approach is based on a simple … foundation for the use of survey-based consumer confidence indices. In addition, since national accounts are an internationally … confidence. …