Recent Updates

  • Estonia: Population (2019-Prelim)
  • ** Australia building activity and value of private construction have changed reference year from Q3:15-Q2:16 to Q3:16-Q2:17.**
  • Singapore: Employment Services (Nov)
  • Markit PMI: Composite Survey - Dubai (Dec)
  • Taiwan: Sinyi House Price Index (Dec)
  • Australia: WMI Consumer Sentiment Index (Jan), Building Activity, Value of Private Construction (Q3)
  • China: 70-City Property Prices (Dec)
  • more updates...

Economy in Brief

U.S. CASH Index Slips In June But Remains Improved Y/Y
by Tom Moeller June 24, 2010

The CASH Index is produced by the RBC Financial Group. It stands for Consumer Attitudes & Spending By Households. And what the overall index does is move much like the University of Michigan's Index of Consumer Sentiment, but its components differ. During June, the index gave up gains during the two prior months but still remained up sharply from the year ago level and from yearend '09. 

Since its beginning in 2002 the overall index level has a 62% correlation with the change in real GDP.

 Weakness in the overall June CASH index was due to declines in both the current conditions and expectations components. However, the up-trends in both series remained in place. In addition, there were slight declines in the Jobs and Investment indexes, but the uptrend in each component remained intact.

The RBC CASH Index is available in Haver's SURVEYS database.

National RBC CASH Index
(Jan 2002 = 100, NSA)
June May April June'09 2009 2008 2007
Index 58.4 72.7 64.6 34.3 30.0 36.1 82.6
Current Conditions 61.5 63.6 66.5 23.8 28.2 46.0 99.4
Expectations 49.6 74.2 78.0 40.9 19.5 -12.4 34.3
Jobs 73.7 74.2 74.9 47.6 50.9 88.7 12.2
Investment 71.1 73.8 75.3 34.4 37.2 51.1 91.1
large image