by sslifer | Nov 24, 2021 | Consumer, NumberNomics Notes
November 24, 2021 . The final estimate of consumer sentiment for November came in at 67.4 compared to the preliminary estimate of 66.8. Thus sentiment fell 4.3 points in November after having declined 1.1 points in October. The November level is the lowest level of...
by sslifer | Nov 24, 2021 | Consumer
November 24, 2021 Personal consumption expenditures rose 1.3% in October after rising 0.6% in September. Those are big increases. After adjusting for inflation real consumption spending rose 0.7% in October after climbing 0.3% in September. Inflation is eating away...
by sslifer | Oct 26, 2021 | Consumer, NumberNomics Notes
October 26, 2021 . The Conference Board reported that consumer confidence declined 2.1 points in November to 109.5 after having risen 1.8 points in October. Senior Director of Economic Indicators at the Conference Board, Lynn Franco, said: “Consumer confidence...
by sslifer | Aug 17, 2021 | Consumer, NumberNomics Notes
August 17, 2021 Consumer loans plunged in April and May (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 $2.5...
by sslifer | Jan 13, 2021 | Consumer, NumberNomics Notes
January 13, 2021 Consumers debt service payments relative to income was essentially unchanged in the fourth quarter at a near-record low of 9.1% for a series that stretches back to 1980 — 41 years ago! The household debt service ratio is an estimate of the ratio...
by sslifer | Jan 13, 2021 | Consumer
January 13, 2021 .Consumer net worth rose $3.6 trillion in the third quarter. That works out to an annualized rate of increase of 12.8% which follows a 29.8% increase in the second quarter. Over the past year consumer net worth has increased 7.5%. The growth in net...
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