by sslifer | Apr 30, 2025 | Consumer
April 30, 2025 Personal consumption expenditures rose 0.7% in March after having climbed 0.5% in February and having being unchanged in January. In the past year nominal spending has risen 5.6% What we are really interested in is “real” or...
by sslifer | Apr 29, 2025 | Consumer, NumberNomics Notes
April 29, 2025 . The Conference Board reported that consumer confidence fell 7.9 points in April to 86.0 after having fallen 6.2 points in March and 5.2 points in February. After hitting a peak in November confidence has plunged in the past five months as consumers...
by sslifer | Apr 25, 2025 | Consumer, NumberNomics Notes
April 25, 2025 The final estimate of consumer sentiment for April fell 4.8 points to 52.2 which compares to the preliminary estimate of 50.8. This index declined 10.7 points in March and 3.4 points in February. This is the fourth consecutive decline in sentiment. ...
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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