Consumer Sentiment

March 15, 2024 The preliminary estimate of consumer sentiment for March declined 0.4 point to 76.5 after having fallen 2.1 points in February . Surveys of Consumers Director Joanne Hsu said, “Consumer sentiment moved little this month with a 0.4 index point...

Personal Income and Consumption Expenditures — Monthly

February 29, 2024 Personal consumption expenditures rose 0.2% in January after having jumped climbed 0.7% in December. The consumer is still willing to spend despite worries about inflation and the pace of Fed tightening. What we are really interested in is...

Consumer Confidence

February 27, 2024 . The Conference Board reported that consumer confidence fell 4.2 points in February to 106.7 after rising 2.9 points in January.  This was the first decline after rising for three consecutive months.. Chief Economist at the Conference Board, Dana...

Consumer Net Worth

September 12, 2023 .Consumer net worth rose $5.5 trillion in the second quarter.  That works out to an annualized rate of increase of 14.8% which follows an 8.2% increase in the first quarter.  Over the past year consumer net worth has increased 4.9%. The growth in...

Consumer Debt Service Ratio

February 15, 2022 Consumers debt service payments relative to income rose somewhat in the third quarter to 9.2%,  This series set a record low of 8.4% in the first quarter of last year,  This series stretches back to 1980 — 41 years ago!  Consumer debt in...

Consumer Loans

February 10, 2022 Consumer loans plunged in April and May of 2020 (the blue bars) as the economy stopped dead in its tracks following the imposition of very restrictive measures to combat the spread of the corona virus.  At the same time the federal government passed...