The Lowe Institute Los Angeles Consumer Sentiment Index provides guidance on future consumption activity by Los Angeles area residents, key to assessing the overall prospects for the local economy. Consumption accounts for, on average, 70 percent of all U.S. economic activity. Los Angeles County has a population of more than 10 million and is the third largest metropolitan economy in the world. The Institute deemed this a region that could benefit from its own consumer sentiment survey.
Q1 2017 release – May 2, 2017