by sslifer | Mar 14, 2025 | Consumer, NumberNomics Notes
March 14, 2025 The preliminary estimate of consumer sentiment for March fell 9.8 points to 57.0 after having declined 3,4 points in February and 2.9 points in January. The January level is the lowest since November 2022. Surveys of Consumers Director Joanne Hsu said,...
by sslifer | Feb 28, 2025 | Consumer
February 28, 2025 Personal consumption expenditures fell 0.2% in January after rising 0.8% in December and 0.5% in November.. The January decline is almost certainly attributable to the snow, ice, and extreme cold that existed in many areas of the country throughout...
by sslifer | Feb 25, 2025 | Consumer, NumberNomics Notes
February 25, 2025 . The Conference Board reported that consumer confidence fell 7.0 points in February to 98.3,after declining 4.3 points in January and 3.2 points in December. After hitting a peak in November confidence has plunged as consumers worry about the...
by sslifer | Apr 4, 2024 | Consumer
April 4, 2024 .Consumer net worth jumped 12.8% in the fourth quarter of last year. after declining 3.7% in the third quarter Over the past year consumer net worth has increased 8.0%. The growth in net worth reflects both the steady increase in stock prices during the...
by sslifer | Apr 4, 2024 | Consumer, NumberNomics Notes
April 4, 2024 Consumers debt service payments relative to income rose somewhat in the fourth quarter to 9.8%, .Consumer debt in relation to income is slightly higher than it was a couple of quarters ago as the result of a rapid increase in credit card debt. But the...
by sslifer | Apr 4, 2024 | Consumer, NumberNomics Notes
April 4, 2024 The economy has been chugging along at about a 2.5% pace. Consumer loans growth in the past year has been climbing at a roughly comparable 2.9% pace. Nothing too surprising with the extent of consumer borrowing from banks. Rather than borrowing from a...
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