September 2024 LSEG/Ipsos Primary Consumer Sentiment Index
Washington DC, September 23, 2024--The LSEG/Ipsos Primary Consumer Sentiment Index for August 2024 is at 55.0. Fielded from August 23 – September 6, 2024, the Index is down 0.3 point from last month.
The index is stable following last month’s slight decline. It continues to sit three points higher than its reading from this time last year and about two points above its reading to begin 2024.
The Current and Investment sub-indices are down around one point and have declined for the second consecutive month. However, the Current index is around two points above its reading from this time last year, and the Investment Index is more than two points higher than its September 2023 reading.
In contrast, the Expectations sub-index is up significantly for the third consecutive month. It is now up about five points from its September 2023 reading.
Lastly, the Jobs sub-index is virtually unchanged this month and sits about two points higher than its reading from a year ago.
The Current Index reads at 44.2, down one point this month and about four points since reaching its high point of the year in July. Despite this decline, the index sits 1.9 points higher than its reading from this time last year (42.4).
The Expectations Index reads at 64.3, up 0.8 point from last month, and sitting at its highest point since July 2021. The index now sits 5.2 points higher than its September 2023 reading (59.1).
The Investment Index is at 46.9, down 0.5 point since last month. The index now sits 2.6 points above its September 2023 reading (44.3).
The Jobs Index reads at 66.3, unchanged (+0.1 point) from August. The index is now 2.1 points above its September 2023 reading (64.2).
About the Study
These findings are based on data from a monthly 29-country survey conducted by Ipsos on its Global Advisor online survey platform and, in India, on its IndiaBus platform. They are first reported each month by LSEG as the Primary Consumer Sentiment Index (PCSI).
This survey was fielded between August 23 and September 6, 2024. The sample includes 1,000 Americans aged 18-74.
The data is weighted so that the composition of the sample in each country best reflects the demographic profile of the adult population according to the most recent census data.
The LSEG/Ipsos Primary Consumer Sentiment Index (PCSI), ongoing since 2010, is a monthly survey of consumer attitudes on the current and future state of their local economy, personal financial situation, savings, and confidence to make major investments. The PCSI metrics reported each month for each of the countries surveyed consist of a “Primary Index” based on all 10 questions below and of several “sub-indices” each based on a subset of these 10 questions.
About Ipsos
Ipsos is one of the largest market research and polling companies globally, operating in 90 markets and employing over 18,000 people.
Our passionately curious research professionals, analysts and scientists have built unique multi-specialist capabilities that provide true understanding and powerful insights into the actions, opinions and motivations of citizens, consumers, patients, customers or employees. We serve more than 5000 clients across the world with 75 business solutions.
Founded in France in 1975, Ipsos has been listed on the Euronext Paris since July 1st, 1999. The company is part of the SBF 120 and the Mid-60 index and is eligible for the Deferred Settlement Service (SRD).
ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP www.ipsos.com
