by sslifer | Aug 28, 2020 | Consumer, NumberNomics Notes
August 28, 2020 The final estimate of consumer sentiment for August rose 1.6 points to 74.1 which is slightly higher than the preliminary estimate of 72.8. Thus, sentiment was apparently damped in the past couple months as the more rapid pace of spread of the virus...
by sslifer | Aug 28, 2020 | Consumer
August 28, 2020 Personal consumption expenditures rose 1,9% in July after climbing 6.2% in June and 8.6% in May after having plunged by 12.9% in April and 6.7% in March. What we are really interested in is consumption spending in real terms (i.e., after...
by sslifer | Aug 25, 2020 | Consumer, NumberNomics Notes
August 25, 2020 . The Conference Board reported that consumer confidence fell 6.9 points in August to 84,8 after having fallen 5.7 points in July, after having risen 12.4 points in June and 0.2 point in May. However this index fell 31.9 points in April and 13.8...
by sslifer | May 6, 2020 | Consumer, NumberNomics Notes
May 6, 2020 Consumer loans plunged at a 52% annual rate in April (the purple bars) as the economy stopped dead in its tracks following the imposition of very restrictive measures to combat the spread of the corona virus Data from the Consumer Financial Protection...
by sslifer | Mar 20, 2020 | Consumer, NumberNomics Notes
March 20, 2020 Consumers debt service payments relative to income was essentially unchanged in the fourth quarter at 9.7% which is the lowest on record for a series that stretches back to 1980 — 38 years ago! The household debt service ratio is an estimate of...
by sslifer | Mar 4, 2020 | Consumer
March 4, 2020 Consumer net worth rose $32 trillion in the fourth quarter. That works out to an annualized rate of increase of 10.9% which follows a 2.8% increase in the third quarter. Over the past year consumer net worth has increased 10.4%. The growth in net worth...
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