|Highlights of Discover U.S. Spending Monitor Results|
|Discover U.S. Spending Monitor Index||89.3||88.6||91.3|
|U.S. Economy Improving||28%||26%||30%|
|Personal Finances Improving||23%||20%||23%|
- The number of male respondents who rate the economy as poor in September declined 14 points year-over-year to 56 percent; female respondents with the same rating declined 8 points year-over-year to 56 percent.
- Respondents expecting the economy to improve increased 4 percentage points from the prior month to 30 percent. This is also up year-over-year by 18 points.
- Consumers with an income of greater than $75,000 had the highest percentage of any income level in September expecting the economy to improve, at 39 percent, versus 29 percent for those making between $40,000 and $75,000, and 25 percent for those making less than $40,000.
- 23 percent of respondents expect their personal finances to improve, an increase of 3 points from the previous month, and reversing a 4-month decline.
- There was an increase in the number of women who expect their personal finances to get better, up 5 points from August to 23 percent. Men expecting their personal finances to improve increased 1 point during the same timeframe to 24 percent.
- Additionally, more women believe they would be able to maintain their current lifestyle for six or more months if their current income was lost, up 5 points from August to 21 percent. Twenty-seven percent of men believe the same, a 2-point increase from last month.
- Despite this positive outlook, little changed in how respondents currently rate their personal finances in September, with 34 percent rating their personal finances as good or excellent, equal to August, 40 percent rating them as fair, up 1 point from August, and 24 percent rating them as poor, unchanged from August.
- 50 percent of consumers expect to spend less on discretionary entertainment expenses next month, unchanged from August, while 9 percent plan to spend more, down 1 point.
- 48 percent expect to spend less on major personal purchases like a vacation, up 2 points from August, while only 10 percent plan to spend more, down 5 points from the prior month.
- 48 percent plan to spend less on household improvements, unchanged from August.
- 45 percent of consumers expect to spend more on household expenses, such as gas and groceries, in the next month, up 1 point from August. This number is also up 6 points year-over-year.