Consumer Sentiment

September 13, 2019 The final estimate of consumer sentiment for September rose by a modest 2.2 points in September to 92.0 after having fallen 8.6 points in August .  Despite the drop the levels for consumer sentiment  in August and September are still quite lofty. ...

Consumer Debt Service Ratio

September 4, 2019 Consumers debt service payments relative to their income were unchanged in the first quarter at 9.9%.  This debt service ratio peaked at 13.2% of income in the fourth quarter of 2007, and it fell rapidly for the next give years and eventually dipped...

Consumer Net Worth

September 4, 2019             Consumer net worth jumped $4.7 trillion in the first quarter.  That works out to an annualized rate of increase of 18.0%, but that follows a 14.7% decline in the fourth quarter as stock prices collapsed late...

Consumer Loans

September 4, 2019 Consumer loans rose 7.0% in July after having risen 4.3% in June (the purple bars).  Over the course of the past year consumer loans have climbed by 5.3% (in red). Led by a pickup in both consumer lending activity and more rapid growth in commercial...

Personal Income and Consumption Expenditures — Monthly

August 30, 2019 Personal consumption expenditures rose 0.6% in July after having climbed 0.3% in June.  Over the course of the past year consumer spending has risen 4.1%.  What we are really interested in is consumption spending in real terms (i.e., after adjustment...

Consumer Confidence

August 27, 2019 The Conference Board reported that consumer confidence declined 0.7 point in August to 135.1 after having jumped 11.5 points in July.  This series reached a cycle high of 137.9 in October of last year which also happened to be the highest level in the ...