by sslifer | Apr 29, 2022 | Consumer, NumberNomics Notes
April 29, 2022 The final estimate of consumer sentiment for April rose 5.8 points to 65.2 after having fallen 3.4 points in March. The March level was the lowest in a decade. Surveys of Consumers Chief Economist Richard Curtin said, “The downward slide in...
by sslifer | Apr 29, 2022 | Consumer
April 29, 2022 Personal consumption expenditures jumped 1.1% in March after having risen 0.6% in February and 2.0% in January. Despite lots of worries about inflation and the pace of Fed tightening, the consumer continues to spend. What we are really interested in is...
by sslifer | Apr 26, 2022 | Consumer, NumberNomics Notes
April 26, 2022 . The Conference Board reported that consumer confidence declined 0.3 point in April to 107.3 after having risen 1.9 points in March to 107.2 after having fallen 5.4 points in February. Senior Director of Economic Indicators at the Conference Board,...
by sslifer | Feb 15, 2022 | Consumer
February 15, 2022 .Consumer net worth rose $2.4 trillion in the third quarter. That works out to an annualized rate of increase of 6.6% which follows an 18.0% increase in the second quarter. Over the past year consumer net worth has increased 17.7%. The growth in...
by sslifer | Feb 15, 2022 | Consumer, NumberNomics Notes
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...
by sslifer | Feb 10, 2022 | Consumer, NumberNomics Notes
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...
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