by sslifer | Apr 11, 2025 | Consumer, NumberNomics Notes
April 11, 2025 The preliminary estimate of consumer sentiment for April fell 6.2 points to 50.8 after having declined 10.7 points in March and 3.4 points in February. This is the fourth consecutive decline in sentiment. The January level is the lowest since June...
by sslifer | Mar 28, 2025 | Consumer
March 28, 2025 Personal consumption expenditures rose 0.4% in February after having fallen 0.3% in January. In the past year nominal spending has risen 5.3% What we are really interested in is “real” or inflation-adjusted spending. That is what goes into...
by sslifer | Mar 25, 2025 | Consumer, NumberNomics Notes
March 25, 2025 . The Conference Board reported that consumer confidence declined 7.2 points in March to 92.9 after having fallen 5.2 points in February. After hitting a peak in November confidence has plunged in the past four months 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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