July 27, 2020
The Consumer Sentiment Study is a quarterly survey from Marcus by Goldman Sachs®, which aims to track Americans’ perception of current and future financial climates, market conditions and plans for their money. In each installment, Marcus will release new data to provide a window into the pulse of the consumer as it pertains to personal finance and spending behavior over time in the United States.
The Consumer Sentiment Survey was conducted among a nationally representative sample (using U.S. Census data) of 1,501 Americans. The survey was conducted June 22-25, 2020.
This Consumer Sentiment Study was fielded amidst extraordinary circumstances, from the continued spread of COVID-19 to global protests around racial injustice. Further, it was recently confirmed by the National Bureau of Economic Research that the United States officially entered a recession in February of this year as the pandemic crippled the economy. Our study tracks the effects of these historic events on consumer behavior.
At Marcus, we remain committed to listening and learning from consumers. We hope you will find the results interesting and informative.
This article is for informational purposes only and is not a substitute for individualized professional advice. Articles on this site were commissioned and approved by Marcus by Goldman Sachs®, but may not reflect the institutional opinions of The Goldman Sachs Group, Inc., Goldman Sachs Bank USA or any of their affiliates, subsidiaries or divisions.