Pretest

University of Michigan
Institute for Social Research
Survey Research Center

Surveys of Consumers

August 2022
Codebook

BLANK PAGE

August 2022
3
Surveys of Consumers: August 2022
SECTION A: Economic Attitudes (A2-A15a)
VAR #
ID
(1)

INTERVIEW NUMBER

SAMPLE
(2)

SAMPLE TYPE
3. CELL INTERVIEW
4. CELL REINTERVIEW (February 2022)
5. CELL SECOND REINTERVIEW (August 2021, February 2022)

IDPREV
(3)

PREVIOUS ID
Code actual NUMBER (0001-0450 for Recons; 1001-1250 for
Recon 12)
0000. RDD IW

IDPREV2
(3)

PREVIOUS ID_YEAR AGO RDD ID
Code actual NUMBER (0001-0450)
0000. RDD IW and Recon IW

AREACD
(4)

MATCH CODE (3 digits)
Code actual NUMBER (201-989)

5

Interviewer's ID Number
Code actual 8-digit number

IWMO1
(6)

Date Interview Began:
CODE MONTH (01-12)

MONTH

IWDA1
(7)

Date Interview Began:
Code DAY (01-31)

DAY

IWYR1
(8)

Date Interview Began:
Code YEAR (2022)

YEAR

IWMO2
(9)

Date Interview Concluded: MONTH
CODE MONTH (01-12)

IWDA2
(10)

Date Interview Concluded:
Code DAY (01-31)

DAY

IWYR2
(11)

Date Interview Concluded:
Code YEAR (2022)

YEAR

TIMETOT
(12)

Length of Interview
Code actual number of MINUTES (001-120)
. NA

August 2022
4
VAR#
14

INTERVIEWER CHECKPOINT_____________________________________
1. INTERVIEW COMPLETED WITH NO INTERRUPTION REQUIRING
CALLBACK
2. INTERVIEW COMPLETED WITH ONE OR MORE INTERRUPTIONS
REQUIRING CALLBACK(S)
3. PARTIAL, 80% OR MORE COMPLETE
4. PARTIAL, 60-80% COMPLETE

15

INTERVIEWER CHECKPOINT_____________________________________
3. COVERSHEET IS RDD (CELL INTERVIEW)
4. COVERSHEET IS RECONTACT (CELL INTERVIEW)
5. COVERSHEET IS 12 MONTH RECONTACT (CELL INTERVIEW)

SAMPID
(16)

Sample ID

PHCELL
(17)

How many working cell phones do you (and your family living
there) have in your household? Please exclude cell phones
that are for business use only, but do include business
cell phones that can be used for personal calls.
Code actual number (00-15)
98. DK
99. NA

PHCLKID
(18)

How many of these cell phones are exclusively used by
household members under the age of eighteen?
Code actual number (00-15)
98. DK
99. NA
.
Inap, 0-1,98-99 in PHCELL; 2-15 in PHCELL AND 96 in
NUMKID

PHLINE
(19)

(In addition to your household’s cell phone(s),) how many
different landline telephone numbers are there in your
home? Please exclude landline phone numbers that are for
business use only, but do include home-based business
landline phone numbers that can be used for personal calls.
Code actual number (00-15)
98. DK
99. NA

PHLNKID
(20)

How many of these landline phone numbers are used
exclusively by household members under the age of eighteen?
Code actual number (00-15)
98. DK
99. NA
.
Inap, 0-1,98-99 in PHLINE; 2-15 in PHLINE AND 96 in
NUMKID

August 2022
5
VAR#
21

Coder's ID No.
01. Supervisor or Project Staff
03. Coder 3
06. Coder 6
07. Coder 7
08. Coder 8

AGE6BKT
(84)

R AGE SUMMARY
1. 18-24 years
2. 25-34 years
3. 35-44 years
4. 45-54 years
5. 55-64 years
6. 65-97 year
9. NA

EDUC
(85)

R EDUCATION SUMMARY
1. Grades 0-8 and no high school diploma
2. Grades 9-12 and no high school diploma
3. Grades 0-12 with high school diploma
4. Grades 13-17 with some college
5. Grades 13-16 with bachelors degree
6. Grade 17 with college degree
9. NA

SAGE6BKT
(86)

SPOUSE AGE SUMMARY
1. 18-24 years
2. 25-34 years
3. 35-44 years
4. 45-54 years
5. 55-64 years
6. 65-97 years
9. NA
. Inap, NO SPOUSE

SPEDUC
(87)

SPOUSE EDUCATION SUMMARY
1. Grades 0-8 and no high school diploma
2. Grades 9-12 and no high school diploma
3. Grades 0-12 with high school diploma
4. Grades 13-17 with some college
5. Grades 13-16 with college degree
6. Grade 17 with college degree
9. NA
. Inap, NO SPOUSE

REGION
(88)

REGION
1. West
2. Midwest
3. Northeast
4. South

August 2022
6

VAR#
REGION9

CENSUS DIVISION
1. New England
2. Mid-Atlantic
3. East North Central
4. West North Central
5. South-Atlantic
6. East South Central
7. West South Central
8. Mountain
9. Pacific

YYYYMM
(89)

SURVEY DATE

DATEPR
(90)

REINTERVIEW DATE
202008
. INAP, RDD interview

WT_AD
(93)

ADULT WEIGHT

WT_HH
(94)

HOUSEHOLD WEIGHT

WT

HOUSEHOLD WEIGHT (WT_HH)

RECORD

INTERVIEW RECORDED
1. Respondent agreed to be recorded
2. Respondent did not want to be recorded

202102

August 2022
7
VAR#
PAGO
(102)

A2. We are interested in how people are getting along
financially these days. Would you say that you (and your
family living there) are better off or worse off
financially than you were a year ago?
1. BETTER NOW
3. SAME
5. WORSE NOW
8. DK
9. NA

PAGOR1 A2a. Why do you say so? (Are there any other reasons?)
PAGOR2
(103/4)
REASONS FOR MAKING FU BETTER OFF
10. Better pay: raise in wages or salary on present job,
promotions, higher commissions, change to higher paying
job (include Armed Forces induction or discharge) (Any
family member who gets a raise is coded 10); increased
tips, bonuses
11. Higher income from self-employment or property: higher
business profits or farm income, higher dividends,
royalties or rents, more income from professional
practice or trade
12. More work, hence more income: Head (or wife) started
working (again), more members of family working; higher
income, NA why, MORE MONEY (if self-employed, code 11)
13. Increased contributions from outside FU: (from private
individuals, government pension, relief or welfare,
gifts); inheritance
14. Lower prices: decrease in cost of living; low or
reasonable prices
15. Lower taxes; low or unchanged taxes
16. Decreased expenses: fewer people to be supported by
FU; spending less, NA whether 14 or 16; thrift
18. Higher interest rates
19. Better asset position: more savings; business or farm
worth more; has more business/farm assets; stocks went
up; investments
20. Debt, interest or debt payments low or lower: have
paid, is paying bills; interest rates lower
21. Change in family composition means higher income or
better off (except 16 or 12); got married, etc. (no
inheritance factor)
23. Good times, no recession (not codeable above) -- refers
to the general situation as being good

August 2022
8
VAR#
PAGOR1 A2a. (Continued)
PAGOR2
(103/4)
27. Other reasons for making FU better off: great security
(job more permanent, psychological security), greater
opportunities, higher standard of living, have more
things, future outlook improved, got insurance; bought
house, additions and repairs to house
38. Reference to government economic policy
39. Income tax refund
REASONS FOR MAKING FU WORSE OFF
50. Lower pay: decrease in wages or salary on present job,
change to lower paying job (including Armed Forces
induction or discharge) (Any family member who has a
decrease in wages or salary is coded 50); no increase
in pay; decreased tips, bonuses
51. Lower income from self-employment or property: lower
business profits or farm income, lower dividends,
royalties or rents, less income from professional
practice or trade
52. Less work, hence less income: unemployed (refers to
any unemployed family member) laid off, sick, retired,
on strike, unsteady work, less overtime, fewer members
of FU working, back to student status, lower income NA
why (if self-employed, code 51); WORSE off because
R/family member is/has been sick
53. Decreased/Unchanged contributions from outside FU,
"worse because Social Security hasn't gone up" (if
"same" because Social Security hasn't gone up, DO NOT
USE THIS CODE); "worse because on a fixed income"
54. High(er) prices: increase in cost of living; prices
rise faster than income; inflation; worse because
raises have been too small --code "no raise" or
decrease in pay in 50
55. Higher interest rates
56. High, higher taxes (except 57)
57. Income taxes
58. Increased expenses; more people to be supported by FU;
spending more, NA whether 54, 55, 56, or 58
59. Worse asset position: savings used up wholly or
partially; less business, farm or personal assets;
stocks declined in value; interest rates lower
60. Debt: interest, debt, or debt payments high or higher
61. Change in family composition means lower income or
worse off (except 58); divorced, death, etc.
63. Bad times, recession (not codeable above--refers to the
general situation as being bad)
64. Strike(s)--not codeable in 52

August 2022
9
VAR#
PAGOR1 A2a. (Continued)
PAGOR2
(103/4)
67. Other reasons for making FU worse off: less security
(job less secure); lower standard of living
78. Reference to government economic policy
98. DK
99. NA
00. Inap, no change and no pro-con reason given; 9 in PAGO;
no second mention
PAGO5
(105)

A2b. Now thinking back 5 years, would you say that you (and your
family living there) are better off or worse off
financially now than you were 5 years ago?
1. BETTER NOW
3. SAME
5. WORSE NOW
8. DK
9. NA

PEXP
(106)

A3. Now looking ahead--do you think that a year from now you
(and your family living there) will be better off
financially, or worse off, or just about the same as now?
1. WILL BE BETTER OFF
3. SAME
5. WILL BE WORSE OFF
8. DK
9. NA

PEXP5
(107)

A3b. And 5 years from now, do you expect that you (and your
family living there) will be better off financially, worse
off, or just about the same as now?
1. WILL BE BETTER OFF
3. SAME
5. WILL BE WORSE OFF
8. DK
9. NA

BUS12
(108)

A4. Now turning to business conditions in the country as a
whole--do you think that during the next 12 months we'll
have good times financially, or bad times, or what?
1. GOOD TIMES
2. GOOD WITH QUALIFICATIONS
3. PRO-CON
4. BAD WITH QUALIFICATIONS
5. BAD TIMES
8. DK
9. NA

August 2022
10
VAR#
BAGO
(109)

A5.

Would you say that at the present time business conditions
are better or worse than they were a year ago?
1. BETTER NOW
3. ABOUT THE SAME
5. WORSE NOW
8. DK
9. NA

NEWS1
A6. During the last few months, have you heard of any
NEWS2
favorable or unfavorable changes in business conditions?
(110/1) A6a. What did you hear? (Have you heard of any other favorable
or unfavorable changes in business conditions?
FAVORABLE CHANGES
GOVERNMENT, DEFENSE(any reference to defense, code 11 or
12)
10. Recent or upcoming elections; new
administration/Congress/ President
11. More defense/military spending or production; worsening
international situation/prospects; acceleration of
war/tensions; more uncertainty about world peace
12. Less defense/military spending or production; better
international prospects; fewer international tensions;
less uncertainty about world peace
13. Specific government spending programs reformed/changed/
improved--NA whether increase or decrease in spending
14. Specific government spending programs, begun or
increased/ continued (other than defense) (e.g.,
employment, foreign aid, space, welfare) (incl.
programs "modified"/"improved" if increased spending is
stated or implied--otherwise code 13)
15. Specific government spending programs eliminated or
decreased (other than defense) (e.g., employment,
foreign aid, space, welfare) government
facilities/bases closed
16. Taxes: tax changes/reforms; tax rebates
18. Fiscal policy general; budgets; deficits; government
spending in general
19. Government/Congress/Administration/President is taking
steps to improve business conditions/is taking
right/helpful actions (not codeable above)
17. Other references to government

August 2022
11
VAR#
NEWS1 A6,A6a. Continued
NEWS2
cont.
FAVORABLE CHANGES continued
EMPLOYMENT AND PURCHASING POWER
20. Opening of plants and factories (government facilities,
code 14); opening of stores (e.g., Meijer's)
21. Consumer or auto demand is (will be) high; people want
to buy; are buying
22. Purchasing power is (will be) high; people have money
to spend; wages high/will go up; any kind of personal
income high or higher
23. Employment has risen/is rising; more overtime; plenty
of jobs or work around; unemployment declining
24. Population increase; more people to buy/use goods and
services
25. Low (lower) debts; high (higher) assets/savings;
people/business investing; investments up
28. Production is increasing/is high; GNP is up
29. Unemployment has risen/will rise (and that's good or
necessary for the economy)
27. Other references to employment and purchasing power
PRICES
30. Tight money; interest rates high; credit harder to get
31. Lower or stable prices; prices won't rise; lower
prices; less inflation; price rebates
32. High(er) prices; inflation; prices will rise (incl.
specific prices) (and that's good)
33. Easier money; credit easy to get; lower interest rates
34. Crowd funding
35. Profits high/rising
36. Stock market; rise in price of stocks
38. Balance of payments; world monetary situation; foreign
competition; dollar devaluation
39. Controls (price and/or wage)
37. Other references to prices/credit

August 2022
12
VAR#
NEWS1 A6,A6a. Continued
NEWS2
cont.
FAVORABLE CHANGES continued
MISCELLANEOUS
40. Better race relations; less racial unrest; few urban
social problems; less crime
41. Union disputes/strikes have been (will be) settled;
labor-management relations good
42. Times are (business is) good now and won't change
(much) in the next year
43. Bad times can't last; we are due for good times
44. R sees signs of improvement already; R has heard or
read that) business is improving/good
45. Improvements in specific industries; prospects good
(favorable changes) in R's line of work (except
farming, code 46) or in R's locality
46. Farm situation good; crops good
48. Economy in general more stable/under control;
confidence, optimism on part of consumers in general
(not individual)
49. Energy crisis lessened, less depletion of natural
resources; more control of pollution
47. Other good factors or favorable references (include R
has heard or read that business will improve--no
specific reason) (hasn't happened yet)
UNFAVORABLE CHANGES
50. Recent or upcoming elections; new
administration/President
51. More defense/military spending or production; worsening
international situation/prospects; acceleration of
war/tensions; more uncertainty about world peace
52. Less defense/military spending or production; better
international prospects; fewer tensions; disarmament;
less uncertainty about world peace; military bases
closed
53. Specific government spending programs reformed/changed-NA whether increase or decrease in spending
54. Specific government spending programs eliminated or
decreased (other than defense) (e.g., employment,
foreign aid, space, welfare); government facilities
closed (include programs "modified" if decreased
spending is stated or implied--otherwise code 53)

August 2022
13
VAR#
NEWS1 A6,A6a. Continued
NEWS2
cont.
UNFAVORABLE CHANGES continued
.

55. Specific government spending programs begun or
increased/continued (other than defense)(e.g.,
employment, foreign aid, space, welfare)
56. Taxes: tax changes/reforms; tax rebates
58. Fiscal policy general; budgets; deficits; government
spending in general
59. Government/Congress/Administration/President is not
taking steps to improve business conditions/is taking
wrong/harmful actions (not codeable above)
57. Other references to government
EMPLOYMENT AND PURCHASING POWER
60. Closing of plants and factories (general or specific)
(if government facilities, code 54); closing of stores
(e.g., Grant's)
61. Consumer or auto demand is (will be) low; people don't
want/need to buy, aren't buying; people are saving their
money; inventories high; sales down
62. Lack of purchasing power; people don't have money to
spend; low wages; any kind of personal income low or
lower
63. Drop in employment (except 60); high or higher
unemployment; layoffs; less overtime; short hours;
automation
64. Population increase; immigration
65. High (higher) debts; lower assets/savings;
people/business not investing; investments down
68.Production decreasing; production is low; GNP is down
67. Other references to employment and purchasing power, not
codeable above
69. Real estate/housing market in decline; slumping housing
market
70. Financial crisis; financial institutions closing/having
problems
PRICES
71. Prices are falling/will fall/are too low; deflation
72. Prices are high, are rising, inflation; wages lag behind
prices
73. Tight money; credit hard to get; interest rates too
high, rising
74. Profits low, falling
75. Profits high; too high
76. Stock market references; decline in price of stocks

August 2022
14
VAR#
NEWS1 A6,A6a. Continued
NEWS2
cont.
UNFAVORABLE CHANGES continued
78. Balance of payments; foreign competition; world monetary
situation; dollar devaluation; international trade
79. Controls (price and/or wage)
77. Other price/credit references
MISCELLANEOUS
80. Bad race relations; racial unrest; riots, civil
disorders; urban social problems; (more) crime
81. Excessive wage or other demands by unions; strikes;
labor unrest; labor-management relations bad
82. Times are (business is) bad now and won't change (much)
in next year
83. Good times can't last--we are due for a fall
84. R sees signs of downward trend in business already; (R
has heard or read that) business is bad/worsening
85. Decline in specific industries; problem in R's line of
work (excl. farming, code 86) or in R's locality
86. Farm situation is bad; drought; low farm prices
88. Economy in general less stable/not under control; lack
of confidence on the part of consumers in general
89. Energy crisis; depletion of natural resources;
pollution; shortages
87. Other unfavorable or bad factors (include R has heard or
read that business will decline--no specific reason)
(hasn't happened yet)
90. Business/Accounting scandals
97. Change mentioned but NA whether favorable or unfavorable
98. DK
99. NA; NA what heard; NA whether heard
00. Has heard of no changes; no second mention; "NO, HAVEN'T
HEARD"

August 2022
15
VAR#
BEXP A7.
(112)

And how about a year from now, do you expect that in the
country as a whole business conditions will be better, or
worse than they are at present, or just about the same?
1. BETTER A YEAR FROM NOW
3. ABOUT THE SAME
5. WORSE A YEAR FROM NOW
8. DK
9. NA

BUS5 A8.
(115)

Looking ahead, which would you say is more likely – that in
the country as a whole we'll have continuous good times
during the next 5 years or so, or that we will have periods
of widespread unemployment or depression, or what?
01. (Continuous) good times; boom; prosperity; no recession
02. Good times, qualified (not bad); pretty good, no
unemployment, no depression
03. Pro-con; some recession, some unemployment, periods of
unemployment
04. Bad times, qualified (not good); recession; bad at some
times but not most of the time; periods of widespread
unemployment; some depression; unemployment
05. Bad times, depression; widespread unemployment
DEPENDS (NOT CODEABLE ON SCALE)
06. Depends on defense program, aid to allies, international
situation
07. Depends on government economic policies; wage and/or
price controls; tax rebates
10. Depends on election
11. Depends on other; depends on urban conditions; labormanagement relations; strikes, labor conditions
98. DK; can't tell
99. NA; R speaks only of hopes and wishes; R gives only
comparative or relative answer, "Better," "Same,"
"Worse"; "more/less unemployment or inflation"

GOVT A9.
(116)

As to the economic policy of the government -- I mean steps
taken to fight inflation or unemployment -- would you say
the government is doing a good job, only fair, or a poor
job?
1. GOOD JOB
3. ONLY FAIR
5. POOR JOB
8. DK
9. NA

A 2022
16
VAR#
UNEMP A10. How about people out of work during the coming 12 months –
(117)
do you think that there will be more unemployment than now,
about the same, or less?
1.MORE UNEMPLOYMENT
3.ABOUT THE SAME
5.LESS UNEMPLOYMENT
8.DK
9.NA
RATEX A11. No one can say for sure, but what do you think will happen
(119)
to interest rates for borrowing money during the next 12
months--will they go up, stay the same, or go down?
1.GO UP
3.STAY THE SAME
5.GO DOWN
8.DK
9.NA
PX1Q1 A12. During the next 12 months, do you think that prices in
(126)
general will go up, or go down, or stay where they are now?
A12a. Do you mean that prices will go up at the same rate as now,
or that prices in general will not go up during the next 12
months?
1.GO UP
2.GO UP (at same rate)
3.WILL NOT GO UP
5.GO DOWN
8.DK
9.NA
PX1Q2 A12b. By about what percent do you expect prices to go (up/down)
(127)
on the average, during the next 12 months?
A12c. How many cents on the dollar do you expect prices to go
(up/down) on the average, during the next 12 months?
Code either PERCENT or CENTS ROUNDED (01-95)
95. 95 PERCENT/CENTS OR MORE
98. DK
99. NA
00. Inap, 3,8-9 in PX1Q1
P1FORM
(128)

SUMMARY QUESTION A12-A12c
1.PERCENT CODED (FROM A12b)
5.CENTS CODED (FROM A12c)
8.DON'T KNOW IN A12b, A12c OR BOTH AND NO PERCENT OR CENTS
GIVEN
9.MISSING ALL DATA TO A12b AND A12c BUT 1, 2 OR 5 CODED IN
PX1Q1
0.Inap, 3,8-9 in PX1Q1

A 2022
17
VAR#
PX1

Price expectations for next 12 months recoded
Percents (or Cents) Prices Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA

PX1QU
(139)

By about what percent do you expect prices to go (up/down)
on the average, during the next 12 months?–UNROUNDED
Code UNROUNDED PERCENT (0.1-95)
95. 95 PERCENT OR MORE
98. DK
99. NA
. Inap, 3,8-9 in PX1Q1

PX1UR

Price expectations for next 12 months recoded –-UNROUNDED
Percents (or Cents) Prices Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA
.
Inap, 3,8-9 in PX1Q1

PX5Q1 A13. What about the outlook for prices over the next 5 to 10
(129)
years? Do you think prices will be higher, about the same,
or lower, 5 to 10 years from now?
A13a. Do you mean that prices will go up at the same rate as now,
or that prices in general will not go up during the next 5
to 10 years?
1.HIGHER
2.GO UP (at same rate)
3.WILL NOT GO UP
5.LOWER
8.DK
9.NA
PX5Q2 A13b. By about what percent per year do you expect prices to go
(130)
(up/down) on the average, during the next 5 to 10 years?
A13c. How many cents on the dollar per year do you expect prices
to go (up/down) on the average, during the next 5 to 10
years?
Code either PERCENT or CENTS ROUNDED (01-95)
95. 95 PERCENT/CENTS OR MORE
98. DK
99. NA
00. Inap, 3,8-9 in PX5Q1

A 2022
18
VAR#
P5FORM
(131)

SUMMARY QUESTION A13-A13c
1. PERCENT CODED (FROM A13b)
5. CENTS CODED (FROM A13c)
8. DON'T KNOW IN A13b, A13c OR BOTH, AND NO PERCENT OR CENTS
GIVEN
9. MISSING ALL DATA TO A13b AND A13c BUT 1, 2 OR 5 CODED IN
PX5Q1
0. Inap, 3,8-9 in PX5Q1

PX5

Price expectations for next 5 years recoded
Percents (or Cents) Prices Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA

PX5QU

By about what percent per year do you expect prices to go
(up/down) on the average, during the next 5 to 10 years? –UNROUNDED
Code UNROUNDED PERCENT (0.1-95)
95. 95 PERCENT OR MORE
98. DK
99. NA
.
Inap, 3,8-9 in PX5Q1

PX5UR

Price expectations for next 5 years recoded –-UNROUNDED
Percents (or Cents) Prices Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA
.
Inap, 3,8-9 in PX5Q1

A 2022
19
SECTION A: Past Prices (A32-A33c)
VAR#
PP1Q1 A32. During the past 12 months, do you think that prices in
general went up or went down, or stayed where they were a
year ago?
A32a. Do you mean that prices have gone up at the same rate as 12
months ago, or that prices in general have not gone up
during the past 12 months?
1. WENT UP
2. GONE UP AT SAME RATE
3. STAYED THE SAME
5. WENT DOWN
8. DK
9. NA
PP1Q2 A32b. By about what percent do you think prices went (up/down),
on the average, during the past 12 months?
A32c. How many cents on the dollar do you think prices have gone
(up/down), on the average, during the past 12 months?
Code either PERCENT or CENTS ROUNDED (01-95)
95. 95 PERCENT/CENTS OR MORE
98. DK
99. NA
00. Inap, 3,8-9 in PP1Q1
PP1FORM

SUMMARY QUESTION A32-A32c
1. PERCENT CODED (FROM A32b)
5. CENTS CODED (FROM A32c)
8. DON'T KNOW IN A32b, A32c OR BOTH AND NO PERCENT OR CENTS
GIVEN
9. MISSING ALL DATA TO A32b AND A32c BUT 1, 2 OR 5 CODED IN
PP1Q1
0. Inap, 3,8-9 in PP1Q1

PP1

Changes in prices in past 12 months recoded
Percents (or Cents) Prices Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA

A 2022
20
VAR#
PP5Q1 A33. What about prices over the past 5 to 10 years? Do you
think prices now are higher, about the same, or lower than
they were 5 to 10 years ago?
A33a. Do you mean that prices have gone up at the same rate as 5
to 10 years ago, or that prices in general have not gone up
during the past 5 to 10 years?
1. HIGHER
2. GONE UP AT SAME RATE
3. STAYED THE SAME
5. LOWER
8. DK
9. NA
PP5Q2 A33b. By about what percent per year do you think prices went
(up/down), on the average, during the past 5 to 10 years?
A33c. How many cents on the dollar per year do you think prices
have gone (up/down), on the average, during the past 5 to
10 years?
Code either PERCENT or CENTS ROUNDED (01-95)
95. 95 PERCENT/CENTS OR MORE
98. DK
99. NA
00. Inap, 3,8-9 in PP5Q1
PP5FORM

SUMMARY QUESTION A33-A33c
1. PERCENT CODED (FROM A33b)
5. CENTS CODED (FROM A33c)
8. DON'T KNOW IN A33b, A33c OR BOTH, AND NO PERCENT OR
CENTS GIVEN
9. MISSING ALL DATA TO A33b AND A33c BUT 1, 2 OR 5 CODED IN
PP5Q1
0. Inap, 3,8-9 in PP5Q1

PP5

Changes in prices in past 5 years recoded
Percents (or Cents) Prices Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA

A 2022
21
SECTION A: Economic Attitudes (A14-A15b)
VAR#
RINC
(133)

INEXQ1
(134)

A14. During the next year or two, do you expect that your
(family) income will go up more than prices will go up,
about the same, or less than prices will go up?
1. INCOME UP MORE THAN PRICES
3. INCOME UP SAME AS PRICES
5. INCOME UP LESS THAN PRICES
8. DK
9. NA
A15. During the next 12 months, do you expect your (family)
income to be higher or lower than during the past year?
1. HIGHER
3. ABOUT THE SAME
5. LOWER
8. DK
9. NA

INEXQ2UR A15a. By about what percent do you expect your (family)
(135UR)
income to (increase/decrease) during the next 12
months?
Code UNROUNDED PERCENT (0.1-95)
95. 95% or more
98. DK
99. NA
00. Inap, 3,8-9 in INEXQ1
INEXQ2
(135)

Income expectations rounded
Code ROUNDED PERCENT (1-95)
95. 95% or more
98. DK
99. NA
00. Inap, 3,8-9 in INEXQ1

INEX

Income expectations recoded
Percent Income Up/Down (-95 to +95)
-97. DK how much down
96. DK how much up
98. DK whether up or down
99. NA

A 2022
22
V118
(118)

A15b. Which of the two problems – unemployment or inflation
do you think will cause the more serious economic
hardship for people during the next year or so?
1. UNEMPLOYMENT
3. BOTH SERIOUS
5. INFLATION
6. NEITHER SERIOUS
7. R makes distinction on basis of short or long term
effects (not codeable above)
8. DK
9. NA

A 2022
23

SECTION A: Economic Attitudes (A16-A27)
VAR #
HOM A16. Generally speaking, do you think now is a good time or a
(201)
bad time to buy a house?
1. GOOD
3. PRO-CON
5. BAD
8. DK
9. NA
HOMRN1 A16a. Why do you say so? (Are there any other reasons?)
HOMRN2
(202/3)
REASONS WHY NOW IS A GOOD TIME TO BUY A HOUSE
PRICES; CREDIT
10. Interest rate won't get any lower (not codeable
elsewhere)
11. Prices are low/lower/reasonable/stable/not too high
12. Good buys available; buyer's market (oversupply of
houses); difficult for sellers to find buyers; hard
for other buyers to get credit
13. Prices are going up; buy before prices are higher;
future uncertainty about prices
14. Prices won't get any lower (not codeable 13)
15. Lower down payment
16. Interest rates are low (now)
17. Credit easy to get; easy money, NA if 15, 16, 17, or
18
18. Credit will be tighter later; interest rates will go
up
19. Lower taxes; taxes will be higher later
EMPLOYMENT; TIMES
21. People can afford to buy now, purchasing power
available; high employment; prosperity; people have
money to spend; times are good
23. Buying makes for good times/prosperity/high employment
27. Other references to employment and purchasing power
SUPPLY AND QUALITY
31. Supply adequate, no shortages now; there may be
shortages later; many houses on market (no reference
to influence on prices, deals)
32. Quality is good, better, may get worse

August 2022
24
VAR #
HOMRN1 A16a. Continued
HOMRN2
cont.
SUPPLY AND QUALITY
33. New models have improvements/new features; new models
are attractive
34. Good selection; variety
OTHER GOOD REASONS
41. Seasonal references only
42. R only says: If you need it and have the money this is
as good a time as any; if people need things, they
will buy regardless of the times
43. Low sales won't last; will pick up soon
44. Renting is unfavorable because of high rents,
apartment shortage, etc., specific answer
45. Owning is always a good idea (because of investment or
sentimental reasons); renting is (always) a bad idea
46. Capital appreciation: buying a home is a good
investment these days (because the value of houses
will increase); reference to special or temporary
circumstances which make houses a good investment
(code 45 reasons which imply that house ownership is
always a good investment)
48. Variable mortgage rate
49. Economic policy; references to government/new
president
47. Other good reasons (miscellaneous)
REASONS WHY NOW IS A BAD TIME TO BUY A HOUSE
PRICES; CREDIT
50. Interest rates won't get any lower (not codeable
elsewhere)
51. Prices are (too) high; prices going up; houses cost
more than they're worth; prices won't get any lower
52. Seller's market, few sales or discounts, hard to get
good deal, prices up more than costs
53. Prices will fall later; will come down, are falling;
will not rise; future uncertainty about prices
54. Debt or credit bad (NA why)
55. Higher/Larger down payment required
56. Interest rate too high; will go up
57. Credit hard to get; financing is difficult; point
system; tight money, NA if 55, 56, 57 or 58
58. Interest rates will come down later; credit will be
easier later
59. Tax increase; (property) taxes too high; going higher

August 2022
25
VAR#
HOMRN1 A16a. Continued
HOMRN2
cont.
EMPLOYMENT; TIMES
61. People can't afford to buy now (unemployment; times
are bad; don't have money to spend; people are too far
in debt); recession; inflation (no mention of house
prices)
62. People should save money; uncertainty of future; bad
times ahead; employment too uncertain
63. Buying contributes to inflation/makes for bad times
65. Energy crisis; shortages of fuels; high price of
utilities;
SUPPLY AND QUALITY
71. Supply inadequate; few houses on market; poor
selection; lack of variety (no reference to prices or
deals)
72. Quality is poor; quality may be better later
73. Poor designs; unattractive styling; new features or
improvements will come later
OTHER BAD REASONS
81. R mentions only seasonal factors
82. Difficult to get rid of present house
83. Better return on alternative investments
84. Renting favorable because of low rents or apartment
surplus (specific)
85.
86.

87.
88.
89.
98.
99.
.
00.

Renting is always better than owning
Capital depreciation: buying a house now is a bad
investment (because the value of homes will decrease);
references to special or temporary circumstances which
make houses a bad investment (code 85 responses that
imply that home ownership is always a bad investment)
Other reasons why now is a bad time to buy
Variable mortgage rate
Economic policy; references to government/new
president
DK
NA
Inap, 8-9 in HOM
No second mention

August 2022
26
VAR#
SHOM A17. What about selling a house -- generally speaking, do you
(204)
think now is a good time or a bad time to sell a house?
1. GOOD
3. PRO-CON
5. BAD
8. DK
9. NA
SHOMRN1 A17a. Why do you say so? (Are there any other reasons?)______
SHOMRN2
(205/6)
REASONS WHY NOW IS A GOOD TIME TO SELL A HOUSE
PRICES; CREDIT
10. Interest rate won't get any lower (not codeable
elsewhere)
11. Prices are high/higher/won't get any lower
12. Seller's market (under-supply of houses)
13. Prices are going down; sell before prices are lower;
future uncertainty about prices
14. Prices won't get any higher (not codeable 13)
15. Lower down payment
16. Interest rates are low (now)
17. Credit easy to get; easy money, NA if 15, 16, 17, or 18
18. Credit will be tighter later; interest rates will go up
19. Lower taxes; taxes will be higher later
EMPLOYMENT; TIMES
21. People can afford to buy now, purchasing power
available; high employment; prosperity; people have
money to spend; times are good
23. Buying makes for good times/prosperity/high employment
SUPPLY AND QUALITY
31. Supply inadequate, shortages now; there may be
shortages later; few houses on market (no reference to
influence on prices, deals)
33. Good time for existing homes because costs more to
build new ones
OTHER GOOD REASONS
41. Seasonal references only
42. R only says: If you need to sell and need the money
this is as good a time as any; if people need
things, they will sell regardless of the times
44. Can use cash/capital for other investments
45. Better to sell now, value of home may decline

August 2022
27
VAR#
SHOMRN1 A17a. continued
SHOMRN2
cont.
OTHER GOOD REASONS
46. Capital appreciation: value of houses has increased;
good profits now
47. Other good reasons (miscellaneous)
48. Variable mortgage rate
49. Economic policy; references to government/new president
REASONS WHY NOW IS A BAD TIME TO SELL A HOUSE
PRICES; CREDIT
50. Interest rates won't get any lower (not codeable
elsewhere)
51. Prices are low/lower
52. Buyer's market (oversupply of houses); difficult for
sellers to find buyers; hard for other buyers to get
credit
53. Prices will rise later; future uncertainty about prices
54. Interest rates low/lower
55. Higher/Larger down payment required
56. Interest rate too high; will go up
57. Credit hard to get; financing is difficult; point
system; tight money, NA if 55, 56, 57 or 58
58. Interest rates will come down later; credit will be
easier later
59. Tax increase; (property) taxes too high; going higher
EMPLOYMENT; TIMES
61. People can't afford to buy now (unemployment; times are
bad; don't have money to spend; people are too far in
debt); recession; inflation (no mention of house
prices)
62. People should save money; uncertainty of future; bad
times ahead; employment too uncertain
63. Buying contributes to inflation/makes for bad times
65. Energy crisis; shortages of fuels; high price of
utilities;
SUPPLY AND QUALITY
71. Supply adequate; many houses on market (no reference
to influence on prices/deals)
73. Bad time for older homes because people want/like newer
homes/more recent home designs/better features
OTHER BAD REASONS
81. R mentions only seasonal factors
84. Home is good\better investment
85. Rents are too high
86. Capital depreciation: would lose money if sold now
87. Other reasons why now is a bad time to sell

August 2022
28
VAR#
SHOMRN1 A17a. Continued
SHOMRN2
cont.
OTHER BAD REASONS
88. Variable mortgage rate
89. Economic policy; references to government/new president
98.
99.
.
00.
DUR
(207)

DK
NA
Inap, 8-9 in SHOM
No second mention

A18. About the big things people buy for their homes -- such as
furniture, a refrigerator, stove, television, and things
like that. Generally speaking, do you think now is a good
or a bad time for people to buy major household items?
1. GOOD
3. PRO-CON
5. BAD
8. DK
9. NA

DURRN1 A18a.Why do you say so? (Are there any other reasons?)
DURRN2
(208/9)
REASONS WHY NOW IS A GOOD TIME TO BUY MAJOR HOUSEHOLD ITEMS
PRICES; CREDIT
10. Interest rates won't get any lower (not codeable
elsewhere)
11. Prices are low(er); prices are reasonably stable/not
too high
12. Good buys available; sales, discounts; discount houses,
buyer's market (oversupply of goods); high inventories;
demand/sales rate low
13. Prices are going up; buy before prices are higher;
future uncertainty about prices
14. Prices won't get any lower (not codeable 13)
15. Lower down payment
16. Interest rates low
17. Credit easy to get; easy money, NA if 15, 16, 17, or 18
18. Interest rates going up; credit getting tighter
19. Low taxes; tax changes
EMPLOYMENT; TIMES
21. People can afford to buy now; purchasing power
available; high employment; prosperity; people have
money to spend; times are good, better
23. Buying makes for good times/prosperity/high employment

August 2022
29
VAR#
DURRN1
DURRN2
(Cont.)

A18a. Continued
SUPPLY AND QUALITY
31. Supply adequate; no shortages now; there may be
shortages later (no reference to price, deals)
32. Quality is good/better/may get worse
33. New models have improvements/new features/are
attractive
34. Good selection, variety
OTHER GOOD REASONS
41. Seasonal references only
42. R only says that if you need it and/or have the money,
this is as good a time as any; if people need things
they will buy them regardless of the times
43. Low sales won't last; will pick up soon
47. Other good reasons
49. Economic policy; references to government/new president
REASONS WHY NOW IS A BAD TIME TO BUY MAJOR HOUSEHOLD ITEMS
PRICES; CREDIT
50. Interest rates won't get any lower (not codeable
elsewhere)
51. Prices are (too) high: prices going up; items cost more
than they're worth; prices won't get any lower
52. Seller's market; few sales or discounts; hard to get
good deal; prices up more than costs
53. Prices will fall later, will come down, are falling,
will not rise; future uncertainty about prices
54. Debt or credit is bad (NA why)
55. Larger/Higher down payment required
56. Interest rates high/going up
57. Credit/Financing hard to get; tight money (NA whether
55, 56, 57, or 58)
58. Interest rates will fall later, credit will be easier
later
59. Taxes high, going higher

August 2022
30
VAR#
DURRN1
DURRN2
(Cont.)

A18a. Continued
EMPLOYMENT; TIMES
61. People can't afford to buy now; low levels of
employment; times are bad; don't have money to spend;
recession; inflation (no mention of prices of
household items)
62. People should save money; uncertainty of future, bad
times ahead, employment too uncertain
63. Buying contributes to inflation, makes for bad times
65. Energy crisis; shortages of fuels
SUPPLY AND QUALITY
71. Supply inadequate; poor selection (no reference
to prices or deals)
72. Quality is poor; quality may be better later
73. Poor designs; unattractive styling; new features or
improvements will come later
OTHER BAD REASONS
81. R mentions only seasonal factors
82. International references
87. Other reasons why now is a bad time to buy
89. Economic policy; references to government/new
president
98.
99.
.
00.

DK
NA
Inap, 8-9 in DUR
No second mention

August 2022
31
VAR#
CAR
(210)

A19. Speaking now of the automobile market – do you think the
next 12 months or so will be a good time or a bad time
to buy a new vehicle, such as a car, pickup, van, or
sport utility vehicle?
1. GOOD
3. PRO-CON
5. BAD
8. DK
9. NA

CARRN1 A19a. Why do you say so? (Are there any other reasons?)
CARRN2
(211/2)
REASONS WHY NEXT 12 MONTHS IS A GOOD TIME TO BUY A CAR
PRICES; CREDIT
10. Interest rates won't get any lower (not codeable
elsewhere)
11. Prices are low, lower; prices are
reasonable/stable/not too high ("small economy
cars available," code 35)
12. Good buys available; sales, discounts; high tradein allowances; buyer's market (oversupply),
inventories high; demand, sales rate low
13. Prices are going up; buy before prices are
higher; future uncertainty about prices
14. Prices won't get any lower (not codeable 13)
15. Lower down payment
16. Interest rates low
17. Credit easy to get; easy money, NA if 15, 16, 17, or
18
18. Interest rates are going higher; credit will be
tighter later
19. Taxes low; will be higher (include excise tax)
20. Rebate/Bonus program
EMPLOYMENT; TIMES
21. People can afford to buy now; purchasing power
available; existence of high employment;
prosperity; have money to spend; times are good
23. Buying makes for good times/prosperity/high
employment
25. Energy crisis lessened; availability of gas; price of
gas; gasohol mentions (except 30)
SUPPLY AND QUALITY
30. New cars get better mileage; better mileage due to
gasahol
31. Supply adequate; no shortages now (no references to
prices, deals, high inventories)
32. Quality is good/better/may get worse
33. New models have improvements; new features; are
attractive
34. Great variety of models and sizes to choose from;
good selection

August 2022
32
VAR#
CARRN1
CARRN2
cont.

A19a.Continued
SUPPLY AND QUALITY
35. (New) Small (economy) cars
36. Safety; new models are safer
37. Safety devices will be on and that's bad; buy before
they are on
38. Anti-pollution devices (are or will be on and
that's good); add less pollution due to gasahol
39. Anti-pollution devices will be on and that’s bad;
buy before they are on
44. NA whether 36 or 38, or both
45. NA whether 37 or 39, or both
46. New models are little changed from old models
OTHER GOOD REASONS
40. Strikes ended: labor situation (problems)
resolved, union demands met or dropped
41. Seasonal reference only
42. R only says that if you need it and have the
money, this is as good a time as any; if people
need things they will buy them regardless of the
times
43. Low sales won't last, will pick up soon
49. Economic policy; references to government/new
president
47. Other good reasons (miscellaneous)
REASONS WHY NEXT 12 MONTHS IS A BAD TIME TO BUY A CAR
PRICES; CREDIT
50. Interest rates won't get any lower
51. Prices are (too) high; prices going up; cars
cost more than they're worth; prices won't
get any lower
52. Seller's market; few sales or discounts;
companies making excessive profits; prices
up more than costs
53. Prices will fall later; are falling; will
not rise; future uncertainty about prices
54. Debt or credit is bad (NA why)
55. Larger/Higher down payment required
56. Interest rates are high; will go up
57. Credit hard to get; tight money, NA if 55, 56, 57,
or 58
58. Interest rates will fall later; credit will be
easier later
59. Taxes high; going higher
60. Because rebate/bonus program will be over

August 2022
33
VAR#
CARRN1
CARRN2
Cont

A19a. Continued
EMPLOYMENT; TIMES
61. People can't afford to buy now (unemployment; times
are bad; don't have money to spend; people have too
much debt); recession; inflation (no mention of car
prices)
62. People should save money; uncertainty of future;
bad times ahead; employment too uncertain
63. Buying contributes to inflation, makes for bad times
65. Energy crisis; gas shortage; price of gas;
gasahol mentions (except 67 or 70)
67. Environmental/Ecology reasons; pollution,
congestion; should be fewer cars/more public
transportation; more pollution due to gasahol
SUPPLY AND QUALITY
70. Poor mileage (include poor mileage due to gasahol)
71. Supply inadequate; few cars on market; poor
selection; what I want is not available (no
reference to prices or deals)
72. Quality is poor; quality may be better later
73. Poor designs; unattractive styling; new features
or improvements will come later (style) (except
safety or pollution features)
74. New types of cars will be introduced soon (safer
cars should be coded 76)
75. New smaller cars
76. Safety; later models will be safer or crash
resistant
77. Too many safety items (unneeded, expensive, etc.)
78. Later models will pollute less; pollution devices
will be better later
79. Anti-pollution devices (are or will be on and
that's bad); new types of gasoline; catalytic
converters
84.
85.
86.

NA whether 76, or 78,
NA whether 77, or 79,
Poor performance, not
quality in general or
equipment

or both
or both
clear whether due to poor
due to pollution/safety

OTHER BAD REASONS
80. Strikes; labor situation (problems), union demands
81. R mentions only seasonal factors
82. Imported car market; international references
83. High sales can't last, change is due; saturation
87. Other reasons why now is a bad time to buy; gasahol
is bad for car engine
88. Cost of insurance
89. Economic policy; references to government/new
president

August 2022
34
VAR#
CARRN1
CARRN2
cont.

A19a. Continued
OTHER BAD REASONS
91. Good time for new car, bad time for used cars
92. Good time for used cars, bad time for new cars
93. Depends on whether new or used; other
combinations, or NA which good and which bad
94. Good time for small cars, bad for big cars
95. Good time for big cars, bad for small cars
96. Good for domestic cars, bad for imported cars
90. Good for imported cars, bad for domestic cars
98.
99.
.
00.

DK
NA
Inap, 8-9 in CAR
No second mention

GASPX1

A20. Do you think that the price of gasoline will go up
during the next five years, will gasoline prices go
down, or will they stay about the same as they are
now?
1. Go up
3. Stay the same
5. Go down
8. DK
9. NA

GASPX2

A20a. About how many cents per gallon do you think gasoline
prices will(increase/decrease)during the next five years
compared to now?
Code CENTS PER
GALLON (001-995)
998. DK
999. NA
.
Inap, 3,8-9 in GASPX1

GAS5

Gas price expectations for next five years recoded
Cents per gallon Up/Down (-995 to +995)
-997. DK how much down
996. DK how much up
998. DK whether up or down
999. NA

August 2022
35
VAR#
GAS1PX1

A20b. Now thinking only about the next twelve months, do
you think that the price of gasoline will go up during
the next twelve months, will gasoline prices go down,
or will they stay about the same as they are now?
1. Go up
3. Stay the same
5. Go down
8. DK
9. NA

GAS1PX2

A20c. About how many cents per gallon do you think gasoline
prices will(increase/decrease) during the next twelve
months compared to now?
Code CENTS PER GALLON (001-995)
998. DK
999. NA
.
Inap, 3,8-9 in GAS1PX1

GAS1

Gas price expectations for next 12 months recoded
Cents per gallon Up/Down (-995 to +995)
-997. DK how much down
996. DK how much up
998. DK whether up or down
999. NA

August 2022
36
VAR#
QINCOPEN A21.
(216)

To get a picture of people's financial situation we
need to know the general range of income of all people
we interview. Now, thinking about (your/your family's)
total income from all sources (including your job),
how much did (you/your family) receive in 2020?
Code DOLLARS ($1-$999,995)
999 995. $999,995 or more
999 998. DK
999 999. NA

QINCBKT
(217)

Did (you/your family) receive $75,000 or more in 2020?
a. Was it $150,000 or above?
b. Was it $175,000 or above?
c. Was it $200,000 or above?
d. Was it $225,000 or above?
e. Was it $250,000 or above?
f. Was it $125,000 or above?
g. Was it $100,000 or above?
h. Was it $ 35,000 or above?
i. Was it $ 40,000 or above?
j. Was it $ 45,000 or above?
k. Was it $ 50,000 or above?
l. Was it $ 60,000 or above?
m. Was it $ 30,000 or above?
n. Was it $ 25,000 or above?
o. Was it $ 20,000 or above?
p. Was it $ 15,000 or above?
q. Was it $ 10,000 or above?
01. $
1- 9,999 No to q
02. $ 10,000- 14,999 Yes to q
03. $ 15,000- 19,999 Yes to p
04. $ 20,000- 24,999 Yes to o
05. $ 25,000- 29,999 Yes to n
06. $ 30,000- 34,999 Yes to m
07. $ 35,000- 39,999 No to i
08. $ 40,000- 44,999 No to j
09. $ 45,000- 49,999 No to k
10. $ 50,000- 59,999 No to l
11. $ 60,000- 74,999 Yes to l
12. $ 75,000- 99,999 No to g
13. $100,000-124,999 Yes to g
14. $125,000-149,999 Yes to f
15. $150,000-174,999 No to b
16. $175,000-199,999 No to c
17. $200,000-224,999 No to d
18. $225,000-249,999 No to e
19. $250,000 or more Yes to e

A22.

August 2022
37
VAR#
QINCBKT
(Cont.)

A22. Continued
25. Less than $75,000
26. $75,000 or more

NO to A22, NA how much
YES to A22, NA how much

99. NA, DK
00. Inap, 000,001 - 999,995; dollar amount given in
QINCOPEN
QINCSUM
(218)

FAMILY INCOME SUMMARY
01. Under $10,000
02. $ 10,000- 14,999
03. $ 15,000- 19,999
04. $ 20,000- 24,999
05. $ 25,000- 29,999
06. $ 30,000- 34,999
07. $ 35,000- 39,999
08. $ 40,000- 44,999
09. $ 45,000- 49,999
10. $ 50,000- 59,999
11. $ 60,000- 74,999
12. $ 75,000- 99,999
13. $100,000- 124,999
14. $125,000- 149,999
15. $150,000- 174,999
16. $175,000- 199,999
17. $200,000- 224,999
18. $225,000- 249,999
19. $250,000 or more
25. Below $75,000
26. Above $75,000
99. DK; NA

INCOME

Household Income recoded
Code Dollars ($1-$999,995)
999 995. $999,995 or more
. Inap, DK/NA

INCQFM

Income Question/Answer Format
1. Asked open question, answered open format
2. Asked open question, answered bracketed format: assigned
midpoint of bracket
3. Asked bracketed question, answered bracketed format:
assigned midpoint of bracket

August 2022
38
VAR#
YTL50

Income Percentiles (Above/below Median)
1. Bottom 50 Percent
5. Top 50 Percent
. DK/NA

YTL3

Income Percentiles (Terciles)
1. Bottom 33 Percent
2. Middle 33 Percent
3. Top 33 Percent
. DK/NA

YTL4

Income Percentiles (Quartiles)
1. Bottom 25 Percent
2. 25-50 Percent
3. 50-75 Percent
4. Top 25 Percent
. DK/NA

YTL5

Income Percentiles (Quintiles)
1. Bottom 20 Percent
2. 20-40 Percent
3. 40-60 Percent
4. 60-80 Percent
5. Top 20 Percent
. DK/NA

YTL10

Income Percentiles (Bottom 10 Percent)
1. Bottom 10 Percent
5. Top 90 Percent
. DK/NA

YTL90

Income Percentiles (Top 10 Percent)
1. Top 10 Percent
5. Bottom 90 Percent
. DK/NA

*NOTE: THE YTL VARIABLES WITH “X” AT THE END INCLUDE DATA FROM
SURVEYS WITH BRACKETED INCOME QUESTION.

August 2022
39
VAR#
HOMEOWN
(223)

A26. Do you (and your family living there) own your own
home, pay rent, or what?
01. Owns or is buying
02. Rent
03. Housing is part of pay; minister, church owns home
04. Public housing--no rent; gov’t. pays rent
05. Owned by relative who does not live with R
06. Staying temporarily in other person’s home
98. DK
99. NA

HOMEVAL
(224)

A27. Do you think the current value of your home--I mean,
what it would bring if you sold it today--has increased
compared with a year ago, has decreased compared with a
year ago, or has it remained about the same?
1. Increased in value
3. Same
5. Deceased in value
8. DK
9. NA
. Inap, 2-6,98-99 in HOMEOWN

August 2022
40

BLANK PAGE

August 2022
41
Surveys of Consumers: August 2022
SECTION A: Home Price Expectations (A27a-A27i)
VAR #
HOMEMKT A27a. What is the current market value of your home? (If you
(229)
sold it today, how much would it bring in?)
CODE DOLLAR AMOUNT ($1-$9,999,995)
9 999 998. DK
9 999 999. NA
.
Inap, 2-6,98-99 in HOMEOWN
HOM200K A27b. Would the current market value of your home be $200,000
or more?
1. Yes
5. No
8. DK
9. NA
. Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999 in
HOMEMKT
HOM250K A27c1. Is
1.
5.
8.
9.
.

it $250,000 or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999 in
HOMEMKT; 5,8-9 in HOM200K

HOM300K A27c2. Is
1.
5.
8.
9.
.

it $300,000 or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999 in
HOMEMKT; 5,8-9 in HOM200K; 5,8-9 in HOM250K

HOM500K A27c3. Is
1.
5.
8.
9.
.

it $500,000 or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999 in
HOMEMKT; 5,8-9 in HOM200K; 5,8-9 in HOM250K; 5,8-9 in
HOM300K

August 2022
42
VAR #
HOM750K

A27c4. Is
1.
5.
8.
9.
.

it $750,000 or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999
in HOMEMKT; 5,8-9 in HOM200K; 5,8-9 in HOM250K;
5,8-9 in HOM300K; 5,8-9 in HOM500K

HOM1MIL

A27c5. Is
1.
5.
8.
9.
.

it one million dollars or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999
in HOMEMKT; 5,8-9 in HOM200K; 5,8-9 in HOM250K;
5,8-9 in HOM300K; 5,8-9 in HOM500K; 5,8-9 in
HOM750K

HOM100K

A27d1. Is
1.
5.
8.
9.
.

it $100,000 or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999
in HOMEMKT; 1,8-9 in HOM200K

HOM50K

A27d2. Is
1.
5.
8.
9.
.

it $50,000 or more?
Yes
No
DK
NA
Inap, 2-6,98-99 in HOMEOWN; 1-9 999 995, 9 999 999
in HOMEMKT; 1,8-9 in HOM200K; 1,8-9 in HOM100K

August 2022
43
VAR #
HOMEBKT

What is the current market value of your home?
b. Would the total be $200,000 or more?
c1. Is it $ 250,000 or more?
c2. Is it $ 300,000 or more?
c3. Is it $ 500,000 or more?
c4. Is it $ 750,000 or more?
c5. Is it $ 1,000,000 or more?
d1. Is it $ 100,000 or more?
d2. Is it $ 50,000 or more?
01. $
0001 - 49,999 No to d2
02. $ 50,000 - 99,999 Yes to d2
03. $ 100,000 - 199,999 Yes to d1
04. $ 200,000 - 249,999 No to c1
05. $ 250,000 - 299,999 No to c2
06. $ 300,000 - 499,999 No to c3
07. $ 500,000 - 749,999 No to c4
08. $ 750,000 - 999,999 No to c5
09. $ 1,000,000 or more Yes to c5
99. NA, DK
00. Inap, 1 - 99 999 995, dollar amount given in HOMEMKT
.
Inap, 2-6,98-99 in HOMEOWN

HOMESUM

HOME AMOUNT SUMMARY
01. Under $50,000
02. $ 50,000 - 99,999
03. $ 100,000 - 199,999
04. $ 200,000 - 249,999
05. $ 250,000 - 299,999
06. $ 300,000 - 499,999
07. $ 500,000 - 749,999
08. $ 750,000 - 999,999
09. $ 1,000,000 or more
99. NA, DK
.
Inap, 2-6,98-99 in HOMEOWN

HOMEAMT

Home Market Value Recoded
Code Dollars ($1-$9,999,995)
9 999 995. $9,999,995 or more
.
Inap, DK/NA
.
Inap, 2-6,98-99 in HOMEOWN

HOMEQFM

Home Market Value Question/Answer Format
1. Asked open question, answered open format
2. Asked open question, answered bracketed format: assigned
midpoint of bracket
3. Asked bracketed question, answered bracketed format:
assigned midpoint of bracket
. Inap, 2-6,98-99 in HOMEOWN

August 2022
44
VAR #
HTL50

Home Value Percentiles (Above/below Median)
1. Bottom 50 Percent
5. Top 50 Percent
. DK/NA
. Inap, 2-6,98-99 in HOMEOWN

HTL3

Home Value Percentiles (Terciles)
1. Bottom 33 Percent
2. Middle 33 Percent
3. Top 33 Percent
. DK/NA
. Inap, 2-6,98-99 in HOMEOWN

HTL4

Home Value Percentiles (Quartiles)
1. Bottom 25 Percent
2. 25-50 Percent
3. 50-75 Percent
4. Top 25 Percent
. DK/NA
. Inap, 2-6,98-99 in HOMEOWN

HTL5

Home Value Percentiles (Quintiles)
1. Bottom 20 Percent
2. 20-40 Percent
3. 40-60 Percent
4. 60-80 Percent
5. Top 20 Percent
. DK/NA
. Inap, 2-6,98-99 in HOMEOWN

HTL10

Home Value Percentiles (Bottom 10 Percent)
1. Bottom 10 Percent
5. Top 90 Percent
. DK/NA
. Inap, 2-6,98-99 in HOMEOWN

HTL90

Home Value Percentiles (Top 10 Percent)
1. Top 10 Percent
5. Bottom 90 Percent
. DK/NA
. Inap, 2-6,98-99 in HOMEOWN

HOMPX1Q1 A27e. What do you think will happen to the prices of homes
(242)
(like yours) in your community over the next 12 months?
Will they increase at a rapid rate, increase at a
moderate rate, remain about the same, decrease at a
moderate rate, or decrease at a rapid rate?
1. Increase at a rapid rate
2. Increase at a moderate rate
3. About the same
4. Decrease at a moderate rate
5. Decrease at a rapid rate
8. DK
9. NA

August 2022
45
VAR #
243

A27f. INTERVIEW CHECKPOINT:
1. Homeowners (A26=1) and home prices will increase
or decrease in next 12 months (A27e=1,2,4,5) –->
GO TO A27g
2. Homeowners (A26=1) and home prices will remain
same (A27e=3) -–> GO TO A27h
3. Non-homeowners –-> GO TO A28

HOMPX1Q2 A27g. By about what percent do you expect prices of homes
(244)
like yours in your community to go (up/down), on
average, over the next 12 months?
CODE PERCENT (1-100), EXCEPT:
998. DK
999. NA
.
Inap, 2-3 in 243
HOMPX1

Home price expectations for next 12 months recoded
Percent Prices Up/Down (-100 to +100)
-997. DK how much down
996. DK how much up
998. DK whether up or down
999. NA
.
Inap, 3 in 243 (non-homeowners)

HOMPX5Q1 A27h. What about the outlook for prices of homes like yours
(245)
in your community over the next 5 years or so? Do you
expect them to increase, remain about the same, or
decrease?
1. Increase
3. Remain about the same
5. Decrease
8. DK
9. NA
. Inap, 3 in 243
HOMPX5Q2 A27i. By about what percent per year do you expect prices
(246)
of homes like yours in your community to go (up/down),
on average, over the next 5 years or so?
CODE PERCENT (1-100), EXCEPT:
998. DK
999. NA
.
Inap, 3 in 243; 3,8-9 in HOMPX5Q1
HOMPX5

Home price expectations for next 5 years recoded
Percent Prices Up/Down (-100 to +100)
-997. DK how much down
996. DK how much up
998. DK whether up or down
999. NA
.
Inap, 3 in 243 (non-homeowners)

August 2022
46

BLANK PAGE

August 2022
47
Surveys of Consumers: August 2022
SECTION A: Percent Chance (A28-A29a)
VAR #
A28. The next few questions ask about your views of the chances
that various events will happen. Your answers can range
from zero to one hundred, where zero means there is
absolutely no chance, and one hundred means that it is
absolutely certain. For example, when weather forecasters
report the chance of rain, a number like 20 percent means
“a small chance” of rain, a number around 50 percent means
“a pretty even chance,” and a number like 80 percent means
“a very good chance.”
PINC A28a. What
(225)
will
next
Code
996.
998.
999.

do you think the chances are that your (family) income
increase by more than the rate of inflation in the
five years or so?
PERCENT (1-100), except:
Zero percent
DK
NA

PJOB A28b. During the next 5 years, what do you think the chances are
(226)
that you (or your husband/wife/partner) will lose a job you
wanted to keep?
Code PERCENT (1-100), except:
996. Zero percent
998. DK
999. NA
PSSA A28c. What do you think the chances are that [IF R UNDER AGE 65]
(227)
(when you retire,) your income from Social Security and job
pensions will be adequate to maintain your living
standards?
Code PERCENT (1-100), except:
996. Zero percent
998. DK
999. NA
PCRY A28d. Compared with 5 years ago, do you think the chances that
(228)
you (and your husband/wife/partner) will have a comfortable
retirement have gone up, gone down, or remained the same?
1. GONE UP
3. SAME
5. GONE DOWN
8. DK
9. NA

August 2022
48
VAR #
PSTK A29. The next question is about investing in the stock market.
(250)
Please think about the type of mutual fund known as a
diversified stock fund. This type of mutual fund holds
stock in many different companies engaged in a wide variety
of business activities. Suppose that tomorrow someone were
to invest one thousand dollars in such a mutual fund.
Please think about how much money this investment would be
worth one year from now.
What do you think is the percent chance that this one
thousand dollar investment will increase in value in the
year ahead, so that it is worth more than one thousand
dollars one year from now?
Code PERCENT (0-100)
998. DK
999. NA
PINC2 A29a. Next I would like to ask you about your OWN (personal)
(252)
income prospects in the next twelve months. What do you
think is the percent chance that your income in the next
twelve months will be higher than your income in the past
twelve months?
Code PERCENT (0-100)
996. Volunteered “No personal income”
998. DK
999. NA

August 2022
49
Surveys of Consumers: August 2022
SECTION A: Confidence in Institutions (A61a-A61f)
450

A61a. The next few questions are about the trust and confidence
people have in this country’s financial institutions. For
each type of financial institution that I read, please tell
me whether your confidence in that financial institution
has changed in recent years.
First, what about commercial banks -- compared with five
years ago, do you have a lot more confidence now, a little
more confidence now, a little less confidence now, a lot
less confidence now, or has your confidence in commercial
banks remained about the same?_____________________________
1. A lot more
2. A little more
3. Same
4. A little less
5. A lot less
8. DK
9. NA

451

A61b. What about credit unions (-- compared with five years ago,
do you have a lot more confidence now, a little more
confidence now, a little less confidence now, a lot less
confidence now, or has your confidence in credit unions
remained about the same)?__________________________________
1. A lot more
2. A little more
3. Same
4. A little less
5. A lot less
8. DK
9. NA

453

A61d. What about brokerage and mutual fund companies (-- compared
with five years ago, do you have a lot more confidence now,
a little more confidence now, a little less confidence now,
a lot less confidence now, or has your confidence in
brokerage and mutual fund companies remained about the
same)?_____________________________________________________
1. A lot more
2. A little more
3. Same
4. A little less
5. A lot less
8. DK
9. NA

August 2022
50
454

A61e. What about insurance companies (-- compared with five years
ago, do you have a lot more confidence now, a little more
confidence now, a little less confidence now, a lot less
confidence now, or has your confidence in insurance
companies remained about the same)?________________________
1.
2.
3.
4.
5.
8.
9.

455

A lot more
A little more
Same
A little less
A lot less
DK
NA

A61f. What about The Federal Reserve System (-- compared with
five years ago, do you have a lot more confidence now, a
little more confidence now, a little less confidence now, a
lot less confidence now, or has your confidence in The
Federal Reserve System remained about the same)?
1.
2.
3.
4.
5.
8.
9.

A lot more
A little more
Same
A little less
A lot less
DK
NA

August 2022
51
SECTION AA: Financial Investments (AA1-AA2h)
VAR #
INVEST
(550)

AA1. The next questions are about investments in the stock
market. First, do you (or any member of your family
living there) have any investments in the stock market,
including any publicly traded stock that is directly
owned, stocks in mutual funds, stocks in any of your
retirement accounts, including 401(K)s, IRAs, or Keogh
accounts?
1. Yes
5. No
8. DK
9. NA

INVOPEN AA2. Considering all of your (family’s) investments in the
(551)
stock market, overall about how much would your
investments be worth today? (PROBE: What is your best
estimate?)
Code DOLLARS ($1-$99,999,995)
99 999 998. DK
99 999 999. NA
.
Inap, 5,8-9 in INVEST
INV100K AA2a. Would the total be $100,000 or more?
(554)
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN
INV200K AA2b. Is it $200,000 or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 5,8-9 in INV100K
INV300K AA2c. Is it $300,000 or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN;5,8-9 in INV100K; 5,8-9 in INV200K

August 2022
52
VAR #
INV500K

AA2d.

Is it $500,000 or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 5,8-9 in INV100K; 5,8-9 in INV200K; 5,8-9
in INV300K

INV750K

AA2d1. Is it $750,000 or more?_
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 5,8-9 in INV100K; 5,8-9 in INV200K; 5,8-9
in INV300K; 5,8-9 in INV500K

INV1MIL

AA2d2. Is it one million dollars or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 5,8-9 in INV100K; 5,8-9 in INV200K; 5,8-9
in INV300K; 5,8-9 in INV500K

INV50K
(553)

AA2e.

Is it $50,000 or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 5,8-9 in INV100K

INV25K
(552)

AA2f.

Is it $25,000 or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 1,8-9 in INV100K; 1,8-9 in INV50K

INV10K
(555)

AA2g.

Is it $10,000 or more?
1. Yes
5. No
8. DK
9. NA
.
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN; 1,8-9 in INV100K; 1,8-9 in INV50K; 1,8-9
in INV25K

August 2022
53
VAR #
INV5K
(556)

INVBKT

AA2h. Is
1.
5.
8.
9.
.

How
a.
b.
c.
d.
d1.
d2.
e.
f.
g.
h.
01.
02.
03.
04.
05.
06.
07.
08.
09.
10.
11.

it $5,000 or more?
Yes
No
DK
NA
Inap, 5,8-9 in INVEST; 1-99 999 995, 99 999 999 in
INVOPEN;1,8-9 in INV100K; 1,8-9 in INV50K; 1,8-9 in
INV25K; 1,8-9 in INV10K
much would your family’s investments be worth today?
Would the total be $ 100,000 or more?
Is it $ 200,000 or more?
Is it $ 300,000 or more?
Is it $ 500,000 or more?
Is it $ 750,000 or more?
Is it $ 1,000,000 or more?
Is it $ 50,000 or more?
Is it $ 25,000 or more?
Is it $ 10,000 or more?
Is it $ 5,000 or more?
$
0000 4,999 No to h
$
5,000 9,999 Yes to h
$ 10,000 - 24,999 Yes to g
$ 25,000 - 49,999 Yes to f
$ 50,000 - 99,999 Yes to e
$ 100,000 - 199,999 No to b
$ 200,000 - 299,999 No to c
$ 300,000 - 499,999 No to d
$ 500,000 - 749,000 No to d1
$ 750,000 - 999,999 No to d2
$ 1,000,000 or more Yes to d2

99. NA, DK
00. Inap, 1 - 99 999 995, dollar amount given in INVOPEN
.
Inap, 5,8-9 in INVEST
INVSUM

STOCK INVESTMENT AMOUNT SUMMARY
01. Under $5,000
02. $
5,000 9,999
03. $ 10,000 - 24,999
04. $ 25,000 - 49,999
05. $ 50,000 - 99,999
06. $ 100,000 - 199,999
07. $ 200,000 - 299,999
08. $ 300,000 - 499,999
09. $ 500,000 - 749,000
10. $ 750,000 - 999,999
11. $ 1,000,000 or more
99. NA, DK
.
Inap, 5,8-9 in INVEST

August 2022
54
VAR #
INVAMT

Stock Investment Amount Recoded
Code Dollars ($1-$99,999,995)
99 999 995. $99,999,995 or more
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

INVQFM

Investment Question/Answer Format
1. Asked open question, answered open format
2. Asked open question, answered bracketed format:
assigned midpoint of bracket
3. Asked bracketed question, answered bracketed format:
assigned midpoint of bracket
.
Inap, 5,8-9 in INVEST

STL50

Stock Value Percentiles (Above/below Median)
1. Bottom 50 Percent
5. Top 50 Percent
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

STL3

Stock Value Percentiles (Terciles)
1. Bottom 33 Percent
2. Middle 33 Percent
3. Top 33 Percent
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

STL4

Stock Value Percentiles (Quartiles)
1. Bottom 25 Percent
2. 25-50 Percent
3. 50-75 Percent
4. Top 25 Percent
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

STL5

Stock Value Percentiles (Quintiles)
1. Bottom 20 Percent
2. 20-40 Percent
3. 40-60 Percent
4. 60-80 Percent
5. Top 20 Percent
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

STL10

Stock Value Percentiles (Bottom 10 Percent)
1. Bottom 10 Percent
5. Top 90 Percent
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

STL90

Stock Value Percentiles (Top 10 Percent)
1. Top 10 Percent
5. Bottom 90 Percent
.
Inap, DK/NA (99 in INVBKT)
.
Inap, 5,8-9 in INVEST

August 2022
55
SECTION CA: Vehicle Financing (CA1-CA10)
VAR #
750

CA1. Did you (or anyone in your family living there) purchase a
vehicle during the past six months?
1. Yes
5. No
8. DK
9. NA

751

CA2. In which month and year did (you/your family) buy this
vehicle?
Code actual MONTH (01-12)
98. DK
99. NA
.
Inap, 5,8-9 in 750

752

CA2. In which month and year did (you/your family) buy this
vehicle?
Code YEAR (2020-2021)
9998. DK
9999. NA
.
Inap, 5,8-9 in 750

753

CA3. Was it a brand new vehicle or a used vehicle?
1. New
2. Used
8. DK
9. NA
. Inap, 5,8-9 in 750

754

CA4. What type of vehicle was it –- a car, a pickup, a van, or a
sport utility vehicle?
1. Car
2. Pickup/truck
3. Van
4. Sport utility vehicle
8. DK
9. NA
. Inap, 5,8-9 in 750

764

CA4a. Did you trade in a vehicle when you purchased the
(car/pickup/van/sport utility/vehicle)?
1. Yes
5. No
8. DK
9. NA
. Inap, 5,8-9 in 750

August 2022
56
VAR #
765

CA4b. How much money did the dealership give you for the old
vehicle, to be used toward the purchase of your new
vehicle, after you paid off any money that you still owed
on the old vehicle?
CODE DOLLAR AMOUNT ($0-$999,995)
999 998. DK
999 999. NA
.
Inap, 5,8-9 in 750; 5,8-9 in 764

766

CA4c. Did you receive a cash rebate or incentive from the
dealership when you purchased the (car/pickup/van/sport
utility/vehicle)?
1. Yes
5. No
8. DK
9. NA
. Inap, 5,8-9 in 750

767

CA4d. How much was this cash incentive?
CODE DOLLAR AMOUNT ($1-$999,995)
999 998. DK
999 999. NA
.
Inap, 5,8-9 in 750; 5,8-9 in 766

755

CA5. How much did you (or anyone in your family living there)
pay for the car/pickup/van/sport utility/vehicle) (after
deducting the vehicle trade-in and the cash rebate or
incentive)? This would include any down payment you made
plus any amount that you financed(; remember, this is after
deducting the vehicle trade-in and the cash rebate or
incentive).
CODE DOLLAR AMOUNT ($0-$999,995)
999 998. DK
999 999. NA
.
Inap, 5,8-9 in 750

756

CA6. Did you (or anyone in your family living there) obtain a
loan for the (car/pickup/van/sport utility/vehicle) from a
financial institution, such as a bank, credit union,
finance company, or the vehicle manufacturer?
1. Yes, obtained a loan
5. No, did not obtain a loan
8. DK
9. NA
. Inap, 5,8-9 in 750

August 2022
57
VAR #
CA7. We are interested in the sources of funds used for vehicle
purchases.
Please tell me which of the following sources of cash you
used to purchase your vehicle: savings or investments, a
home equity loan, mortgage refinancing, or some other
source?
757

758

CA7a. Cash came from: savings or investments
1. Yes
5. No
8. DK
9. NA
. Inap, 5,8-9 in 750; 1,8-9 in 756
CA7b. Cash came from: home equity loan
1. Yes
5. No
8. DK
9. NA
. Inap, 5,8-9 in 750; 1,8-9 in 756

759

CA7c. Cash came from: mortgage refinancing
1. Yes
5. No
8. DK
9. NA
. Inap, 5,8-9 in 750; 1,8-9 in 756

760

CA7d. Cash
05.
10.
11.
12.
13.
15.
20.
25.
26.
30.
35.
36.
40.
41.
42.
45.
98.
99.
.

came from: somewhere else
No
Income
Bonus from work
Own business
Buyout from work
Checking account
Tax return
Credit card
Line of credit
Insurance claim
Sold old/other vehicle
Sold real estate/property
Family member or friend
Inheritance
Gift
Private loan
DK
NA
Inap, 5,8-9 in 750; 1,8-9 in 756

August 2022
58
VAR #
763

CA10. Where did you obtain the vehicle loan -– from a bank or
savings association, a credit union, a finance company, the
vehicle manufacturer, or from somewhere else?
01. Bank or savings association
02. Credit union
03. Finance company
04. Vehicle manufacturer
05. Dealership
98. DK
99. NA
.
Inap, 5,8-9 in 750; 5,8-9 in 756

761

CA8. How much in total was financed to purchase the
(car/pickup/van/sport utility/vehicle)?
CODE DOLLAR AMOUNT ($1-$999,995)
999 998. DK
999 999. NA
.
Inap, 5,8-9 in 750; 5,8-9 in 756

771

CA8y. [IF
was
01.
02.
03.
.

AMOUNT FINANCED (CA8) > AMOUNT PAID FOR VEHICLE what
overpayment used for?
Payment for interest, taxes, etc.
Money owed on previous vehicle loan
Both money owed on previous vehicle loan AND payment
for interest, taxes, etc.
Inap, 5,8-9 in 750; 5,8-9 in 756; 755 >= 761;

770

CA8x. [IF AMOUNT FINANCED (CA8) > AMOUNT PAID FOR VEHICLE (CA5)
AND CA8 INCLUDES CARRY-OVER FROM PREVIOUS VEHICLE LOAN]:
How much did you still owe on the other vehicle?
CODE DOLLAR AMOUNT ($1-$999,995)
999 998. DK
999 999. NA
. Inap, 5,8-9 in 750; 5,8-9 in 756; 755 >= 761; 1 in 771

768

CA8a. How many months or years is the loan for?
CODE NUMBER (1-95)
98. DK
99. NA
.
Inap, 5,8-9 in 750; 5,8-9 in 756

769

CA8b. UNIT OF TIME
1. Months
2. Years
8. DK
9. NA
. Inap, 5,8-9 in 750; 5,8-9 in 756; 98-99 in 768

August 2022
59
VAR #
762

CA9. What is the current interest rate of the loan for the
(car/pickup/van/sport utility/vehicle)?
CODE INTEREST RATE (0.00-25.00)
98. DK
99. NA
.
Inap, 5,8-9 in 750; 5,8-9 in 756

August 2022
60

SECTION AI: Consumer Reactions to Inflation (AI71-AI77a)
VAR #
901

AI71. If there were a major purchase that you wanted to make, do
you think that now is a time when it would be O.K., to use
some of your savings or is now a time when you would be
especially reluctant to use some of your savings?
1. O.K. TO USE SAVINGS; NOT ESPECIALLY RELUCTANT
3. PRO-CON
5. ESPECIALLY RELUCTANT;NOT O.K. TO USE SAVINGS
0. R HAS NO SAVINGS
8. DK
9. NA

902

AI72. If there were something big that you wanted to buy, do you
think that now is a time when it would be O.K. for you to
buy on credit, or is now a time when you would be
especially reluctant to take on new debt?
1. O.K. TO BUY ON CREDIT;NOT ESPECIALLY RELUCTANT
3. PRO-CON
5. ESPECIALLY RELUCTANT; NOT O.K. TO BUY ON CREDIT;"I
NEVER BUY ON CREDIT."
8. DK
9. NA

903

AI73. Should people buy large things such as houses, cars,
appliances, or furniture before they are really needed to
avoid higher prices in the future?
1. YES, BUY NOW
3. DEPENDS
5. NO
8. DK
9. NA

904

AI74. Generally speaking, in times of inflation do you think
increasing your savings as much as possible is a good idea
or a bad idea?
1. GOOD IDEA TO INCREASE SAVINGS
3. PRO-CON
5. BAD IDEA TO INCREASE SAVINGS
8. DK
9. NA

905

AI75. Some people say that in times of inflation it's better to
borrow as much as possible while others think that people

August 2022
61
should avoid borrowing. What do you think, is it better to
borrow as much as possible in times of inflation or that
people should avoid borrowing?
1. BETTER TO BORROW
3. PRO-CON
5. SHOULD AVOID BORROWING
8. DK
9. NA
906

AI76. In the past 12 months, have you (and your family living
there) stopped buying things which have had particularly
large price increases, cut down your buying, or have you
continued to buy as usual?
1. STOPPED
3. CUT DOWN
5. CONTINUED AS USUAL
8. DK
9. NA

907

AI76a. What purchases have you (and your family living there) cut
back or delayed the most?
10. CLOTHING
12. FOOD/GROCERIES – NOT 34
20. HOUSEHOLD ITEMS – INCLUDE DURABLES SUCH AS FURNISHINGS
AND APPLIANCES (INCLUDE STEREOS AND TVS) BEDDING,
CURTAINS, OTHER HOUSEHOLD GOODS
21. UTILITIES,ELECTRICITY, NATURAL GAS, WATER, HEAT,
LIGHTING, TELEPHONE BILLS
22. HOUSE REPAIRS/REMODELING-PAINTING/PAPERING/CARPENTRY
WORK ETC.
24. HOUSE; DIDN’T BUY A HOUSE; WON’T BUY A HOUSE
30. DRIVING/GOING PLACES –NFS
32. VACATIONS; LONG TRIPS; PLEASURE OR RECREATION TRIPS;
TRAVEL
34. EATING OUT; ENTERTAINMENT – NOT 12
40. CAR MAINTENANCE
42. BUYING A CAR
48. LUXURIOUS ITEMS; UNNECESSARY THINGS
49. EVERYTHING; CUT BACK IN GENERAL
97. OTHER
98. DK
99. NA
00. INAP, 5, 8, OR 9 IN 906; NO FURTHER MENTION

August 2022
62
908

AI77. In the next 12 months, will you (and your family living
there) stop buying things which have had particularly large
price increases, cut down your buying, or continue to buy
as usual?
1. STOPPED
3. CUT DOWN
5. CONTINUED AS USUAL
8. DK
9. NA

909

AI77a. What purchases will you (and your family living there) cut
back or delay the most?
10. CLOTHING
12. FOOD/GROCERIES – NOT 34
20. HOUSEHOLD ITEMS – INCLUDE DURABLES SUCH AS FURNISHINGS
AND APPLIANCES (INCLUDE STEREOS AND TVS) BEDDING,
CURTAINS, OTHER HOUSEHOLD GOODS
21. UTILITIES,ELECTRICITY, NATURAL GAS, WATER, HEAT,
LIGHTING, TELEPHONE BILLS
22. HOUSE REPAIRS/REMODELING-PAINTING/PAPERING/CARPENTRY
WORK ETC.
24. HOUSE; DIDN’T BUY A HOUSE; WON’T BUY A HOUSE
30. DRIVING/GOING PLACES –NFS
32. VACATIONS; LONG TRIPS; PLEASURE OR RECREATION TRIPS;
TRAVEL
34. EATING OUT; ENTERTAINMENT – NOT 12
40. CAR MAINTENANCE
42. BUYING A CAR
48. LUXURIOUS ITEMS; UNNECESSARY THINGS
49. EVERYTHING; CUT BACK IN GENERAL
97. OTHER
98. DK
99. NA
00. INAP, 5, 8, OR 9 IN 906; NO FURTHER MENTION

August 2022
63
SECTION E: Respondent Demographics (E1-E10)
VAR #
EGRADE
(1403)

E1. Now we would like to ask a few questions about you (and
your family). What is the highest grade of school or year
of college you completed?
Code GRADE OF SCHOOL (01-17), EXCEPT:
98. DK
99. NA

EHSGRD
(1404)

E1a. Did you get a high school graduation diploma or pass a
high school equivalency test?
1. YES
5. NO
8. DK
9. NA
0. Inap, 4 in EDUC

ECLGRD
(1405)

E1b. Do you have a college degree?
1. YES
5. NO
8. DK
9. NA
0. Inap, 3,9 in EDUC

EDEGREE E1c. What is the highest degree you have earned?
1. Associates
2. Bachelors
3. Masters
4. MBA
5. Law
6. PhD
7. MD
98. DK
99. NA
.
Inap, 3,9 in EDUC; 5,8-9 in ECLGRD

August 2022
64
VAR #
BIRTHM
(1406)

E2. What is the month and year of your birth?—MONTH
01. January
02. February
03. March
04. April
05. May
06. June
07. July
08. August
09. September
10. October
11. November
12. December
98. DK
99. NA

BIRTHY
(1407)

E2. What is the month and year of your birth?—YEAR
Code 4-digit YEAR
9998. DK
9999. NA

MARRY
(1408)

E3. Are you currently married, (living with a partner),
separated, divorced, widowed, or have you never been
married?
1. MARRIED (LIVING WITH A PARTNER)
2. SEPARATED
3. DIVORCED
4. WIDOWED
5. NEVER MARRIED
6. Married, but Spouse away in service; in nursing home,
or living in a separate location
8. DK
9. NA

SEGRADE E4. What is the highest grade of school or year of college
(1409)
your (husband/wife/partner) completed?
Code GRADE OF SCHOOL (01-17), EXCEPT:
98. DK
99. NA
00. Inap, 2-5,8-9 in MARRY
SEHSGRD E4a. Did your (husband/wife/partner) get a high school
(1410)
graduation diploma or pass a high school equivalency test?
1. YES
5. NO
8. DK
9. NA
0. Inap, 2-5,8-9 in MARRY; 13-17 in SEGRADE

August 2022
65
VAR #
SECLGRD
(1411)

E4b. Does your (husband/wife/partner) have a college degree?
1. YES
5. NO
8. DK
9. NA
0. Inap, 2-5,8-9 in MARRY; 01-12,98-99 in SEGRADE

SEDEGREE E4c. What is the highest degree your (husband/wife/partner)
has earned?
1. Associates
2. Bachelors
3. Masters
4. MBA
5. Law
6. PhD
7. MD
98. DK
99. NA
.
Inap, 2-5,8-9 in MARRY; 01-12,98-99 in SEGRADE; 5,8-9
in SECLGRD
SBIRTHM
(1412)

E5. What is the month and year of (his/her) birth? —MONTH
01. January
02. February
03. March
04. April
05. May
06. June
07. July
08. August
09. September
10. October
11. November
12. December
98. DK
99. NA
00. Inap, 2-5,8-9 in MARRY

SBIRTHY
(1413)

E5. What is the month and year of (his/her) birth? —YEAR
Code 4-digit YEAR
9998. DK
9999. NA
0000. Inap, 2-5,8-9 in MARRY

August 2022
66
VAR #
NUMKID E6. How many members of your household are 17 years of age or
(1414)
younger?
Code number (01-09)
10. Ten or more
96. NONE
98. DK
99. NA
NUMADT E7. Counting yourself, how many members of your household are
(1420)
18 or older?
Code number (1-6); EXCEPT:
7. Seven or more
8. DK
9. NA
1422

E8. Now I would like to ask two questions about your race or
ethnic origin. First, are you Hispanic or Latino?_
1. Yes
5. No
8. DK
9. NA

1423

E8a. (In addition to being Hispanic,) Do you consider yourself
primarily white or Caucasian, black or African American,
American Indian or Alaskan Native, Asian or Pacific
Islander?
1. WHITE OR CAUCASIAN
2. BLACK OR AFRICAN AMERICAN
3. AMERICAN INDIAN OR ALASKAN NATIVE
4. ASIAN OR PACIFIC ISLANDER
8. DK
9. NA

RACE
(1421)

Race/Ethnicity Summary
1. WHITE OR CAUCASIAN EXCEPT HISPANIC
2. BLACK OR AFRICAN AMERICAN EXCEPT HISPANIC
3. HISPANIC OR LATINO(incl. interviews in Spanish)
4. AMERICAN INDIAN OR ALASKAN NATIVE
5. ASIAN OR PACIFIC ISLANDER
8. DK
9. NA

USEWEB E10. Do you use e-mail or the Internet?
1. Yes
5. No
8. DK
9. NA

August 2022
67
Surveys of Consumers: August 2022
SECTION P: Political Affiliation (P1-P4)
VAR #
POLAFF

P1. Generally speaking, do you usually think of yourself as a
Republican, a Democrat, an Independent, or what?
1. Republican
2. Democrat
3. Independent, no preference
8. DK
9. NA

POLREP

P2. Would you call yourself a strong Republican or a not so
strong Republican?
1. Strong
5. Not so strong
8. DK
8. NA
. Inap, 2-3,8-9 in POLAFF

POLDEM

P3. Would you call yourself a strong Democrat or a not so
strong Democrat?
1. Strong
5. Not so strong
8. DK
9. NA
. Inap, 1,3,8-9 in POLAFF

POLCRD

P4. Do
or
1.
5.
6.
8.
9.
.

you think of yourself as closer to the Republican Party
to the Democratic Party?
Closer to Republican
Closer to Democratic
Neither
DK
NA
Inap, 1-2 in POLAFF

August 2022
68
VAR #
TIME*

SCA - BUILT VARS - ELAPSED MINUTES
Used this month:
TIMEA

SECTION A

TIMEA27

SECTION A27

TIMEA28

SECTION A28

TIMEAA

SECTION AA

TIMECA

SECTION CA

TIMEE

SECTION E

TIMEP

SECTION P

TIMEM

SECTION M

August 2022
69
Surveys of Consumers: August 2022
SECTION Z: Household Observation (Z1-Z8)
VAR #
HEADCODE Z1. Relationship of R to head____________________________
(1601)
1. R is head
2. R is wife/partner
3. R is other relation to head, who is a married male
4. R is head where head was selected by "closest to 45"
rule
5. R is other relationship to head (where head was
selected by "closest to 45" rule)
9. NA
1602(#1) Z1a. Relationship to respondent___________________________
1605(#2)
1608(#3)
01. Respondent
1611(#4)
02. Spouse of respondent
1614(#5)
03. Partner of respondent
1617(#6)
04. Child (incl. in-laws)
1620(#7)
05. Grandchild
06. Parent (incl. in-laws)
07. Grandparent (incl. in-laws)
08. Aunt/uncle
09. Cousin (incl. in-laws)
10. Niece/nephew (incl. in-laws)
11. Sibling; step-brother; step-sister (incl. in-laws)
29. Other relative
31.
32.
33.
34.
35.
36.
37.
39.

Roommate
"Friend" (except partner)
Relative of partner
Ex-spouse
Housekeeper; babysitter
Landlord
Tenant
Other unrelated person

98. DK
99. NA
00. Inap, no further persons in HU

August 2022
70
VAR #
SEX (#1) Z1a. Sex of Household member 18 or older
1606(#2)
1609(#3)
1. Male
1612(#4)
2. Female
1615(#5)
1618(#6)
9. NA
1621(#7)
0. Inap, no further persons in HU
AGE (#1) Z1a. Age of person 18 or older (from listing box)
1607(#2)
Code AGE (18-96)
1610(#3)
1613(#4)
97. Ninety-seven or older
1616(#5)
99. NA
1619(#6)
1622(#7)
00. Inap, no further persons in HU
CALLNU
(1623)

Z2. Number of calls from coversheet
Code NUMBER (01-95)
98. DK
99. NA

1625

Z4. Sex of the Respondent
1. Male
2. Female

1626

Z5. Questions asked about:
1. R ONLY
2. R AND FAMILY
8. DK
9. NA

1627

Z6. Interview conducted in:
1. ENGLISH
2. SPANISH
9. NA

August 2022
71
VAR #
1628

Z7. Was the Respondent's understanding of the questions:
1. EXCELLENT
2. GOOD
3. FAIR
4. POOR
8. DK
9. NA

ATTIW
(1629)

Z8. In general, what was the respondent's attitude toward
the interview:
1. FRIENDLY & INTERESTED
2. COOPERATIVE BUT NOT PARTICULARLY INTERESTED
3. IMPATIENT
4. HOSTILE
9. NA

1632

CATI CHECKPOINT
1. CATI
2. PAPER INTERVIEW
3. BOTH

REFCON

Refusal Conversion
1. YES
5. NO

August 2022
72
VAR #
ICS

The Index of Consumer Sentiment
The Index of Consumer Sentiment (ICS) is calculated using the
following formula, in which the component questions (x1 ...x5)
are listed below. The relative scores of the 5 component
questions are used in the equation and are defined as the
percent giving favorable replies minus the percent giving
unfavorable replies, plus 100. Each relative score is rounded
to the nearest whole number. The denominator of the formula
is the 1966 base period total of 6.7558, and the added
constant (n) is to correct for sample design changes from the
1950s. Prior to December 1981, n=2.7; for December 1981 and
after, n=2.0.

The Index of Consumer Sentiment is derived from the following
five questions:
x1 = "We are interested in how people are getting along
financially these days. Would you say that you (and your
family living there) are better off or worse off
financially than you were a year ago?"
x2 = "Now looking ahead--do you think that a year from now
you (and your family living there) will be better off
financially, or worse off, or just about the same as
now?"
x3 = "Now turning to business conditions in the country as a
whole--do you think that during the next twelve months
we'll have good times financially, or bad times, or
what?"
x4 = "Looking ahead, which would you say is more likely—
that in the country as a whole we'll have continuous
good times during the next five years or so, or that we
will have periods of widespread unemployment or
depression, or what?"
x5 = "About the big things people buy for their homes— such
as furniture, a refrigerator, stove, television, and
things like that. Generally speaking, do you think now
is a good or bad time for people to buy major household
items?"

August 2022
73
VAR #
ICC
ICE

The Index of Current Economic Conditions
The Index of Consumer Expectations
Using the same procedures given above, the Index of
Current Economic Conditions (ICC) and the Index of
Consumer Expectations (ICE) are calculated as follows.