Consumer Sentiment

August 16, 2019 The initial estimate of consumer sentiment for August fell 6.3. points to 92.1 after having risen 0.2 point in July .  Even with the August drop sentiment  remains at a lofty level.  It has fluctuated in a range from 90.0-100.0 for the past five years....

Consumer Confidence

July 30, 2019 The Conference Board reported that consumer confidence jumped 10.4 points in July to 135.7 after having fallen 7.0 points in June.  This series reached a cycle high of 137.9 in October which also happened to be the highest level in the  past 18 years. ...

Personal Income and Consumption Expenditures — Monthly

Personal consumption expenditures rose 0.3% in June after having risen 0.5% in May,  0.6% in April, and 1.0% in March.   Over the course of the past year consumer spending has risen 3.9%. What we are really interested in is consumption spending in real terms (i.e.,...

Personal Income and Consumption Expenditures — Monthly

June 28, 2019 Personal consumption expenditures rose 0.4% in May after having risen 0.6% in April and 1.0% in March.   Consumer spending now seems back in track following the softness in spending late last year and in the early part of this year  attributable to the...

Consumer Confidence

June 25, 2019 The Conference Board reported that consumer confidence fell 9.8 points in June to 121.5. after having climbed 2.1 points in May and 5.0 points in April.  This series reached a cycle high of 137.9 in October which also happened to be the highest level in...

Consumer Loans

March 22, 2019 Consumer loans rose 8.0% in February after having risen 5.3% in January (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...