Decision Analyst’s U.S. Economic Index Signals Slower Economic Growth for the Start of 2022

The Decision Analyst U.S. Economic Index stood at 112 in November 2021, a 1-point increase from October 2021, and a 7-point increase from 12 months ago (November 2020). The Index tends to be a leading indicator of future economic activity. The past-20-year history of the Index is shown below.

November 2021 Economic Index

“The U.S. Economic Index continues to rebound from its low point reached in April 2020. COVID-19 vaccines are now widely available in the U.S. and a large share of the U.S. adult population is fully vaccinated. Many teenagers are now vaccinated, and children age 5 an older now have access to the vaccine. If these positive vaccination trends continue, then the U.S. economy should continue to expand during the first half of 2022. Some headwinds temper the optimism, however. Rising and persistent inflation is reducing consumers’ purchasing power and causing consumers to delay some major purchases. Supply chain disruptions and outages are negatively affecting economic activity. Many of the government’s economic stimulus efforts are beginning to wind down, a drag on the economy going into the first half of 2022. Many small businesses continue to fail in some sectors (but surprisingly, many new small businesses are popping up elsewhere),” said Jerry W. Thomas, President/CEO of Decision Analyst. “A growing threat to the economy is the likelihood that many homes purchased at inflated prices could be underwater within the next year or two. We still think the economy will continue to grow in 2022, but at slower rates compared to 2021,” according to Thomas.

“Planned future purchases (see graphs below) indicate that consumer spending (roughly 70% of the U.S. economy) is stabilizing as 2022 approaches. The graphs below show the percentages of U.S. households that say they are likely to make various types of purchases in the next 12 months,” said Thomas.

Decision Analyst Intent to Buy: November

"Overall, future purchase intentions suggest consumer spending will remain steady strong in 2022, but continuing inflation could undermine consumer spending,” said Thomas. “Remodeling and home improvement appear to be softening, but auto sales might spike as supply chain delays come to an end.”


The Decision Analyst Economic Index is based on a monthly online survey of several thousand households balanced by gender, age, and geography. The scientific survey is conducted in the last 10 days of each month. The Economic Index is calculated from 9 different economic measurements using a sophisticated econometric model. The result is a snapshot of coming economic activity in each country surveyed, as seen through the eyes of representative consumers living in the respective countries.

Decision Analyst conducts its concurrent economic surveys each month in Argentina, Brazil, Canada, Chile, Colombia, France, Germany, India, Italy, Mexico, Peru, the Russian Federation, Spain, and the United States. Whenever the Decision Analyst Economic Index is greater than 110, it tends to signal an expanding economy. An Index value of 90 to 110 suggests a no-growth or slow-growth economy, and near or below 90 generally indicates economic contraction. These guidelines vary by country, however.

About Decision Analyst

Decision Analyst ( is a global marketing research and analytical consulting firm specializing in strategy research, new product development, advertising testing, and advanced modeling for marketing decision optimization. For over 40 years, the firm has delivered competitive advantage to clients throughout the world in consumer-packaged goods, telecommunications, retail, technology, medical, and automotive industries.

Media Contact

Cristi Allen
Phone: 1-800-ANALYSIS (262-5974) or 1-817-640-6166
Address: 604 Avenue H East
Arlington, TX 76011


Logos & Images

If you are doing a story on Decision Analyst or using any of our published data, news releases or articles, you must cite "Decision Analyst" as the source of the information.


If you use any of the charts or tables from the press releases or other published materials, please email Cristi Allen at to let us know which graphics you took and for what newspaper, magazine, or website it was used.