Does the Consumer Expenditure Survey include information on assets and liabilities?
Information on assets and liabilities is collected from respondents to the survey; however, like the income data, the assets and liabilities data are not as reliable as the expenditure data. Respondents may be unable or unwilling to provide accurate information on their assets and liabilities. Net changes in assets and liabilities are published in the Consumer Expenditure Survey biennial reports. The public-use CD-ROMs also include information on assets and liabilities. An alternative source of data on assets, liabilities, and other financial information of consumers is the Survey of Consumer Finances, conducted by the Federal Reserve Board. For information, visit the Web site at www.federalreserve.gov/pubs/oss/oss2/scfindex.html, or contact the Federal Reserve Board by telephone at (202) 452-2247.
Related Questions
- I understand that, beginning with publication of the 2004 tables, the Consumer Expenditure Survey results include imputed income data. What does this mean for the typical user?
- Does the Consumer Expenditure Survey include information on assets and liabilities?
- Can the Consumer Expenditure Survey data be compared across income brackets?
