Consumer Confidence

January 31, 2023 . The Conference Board reported that consumer confidence fell 1.9 points in January to 107.1 after having jumped  7.6 points in December. Senior Director of Economic Indicators at the Conference Board, Lynn Franco, said, The Conference Board Consumer...

Consumer Sentiment

January 27, 2023 The preliminary  estimate of consumer sentiment for January rose 5.2 points to 64.9 after rising 2.9 points in December  The June level of 50.0 was the lowest on record and roughly comparable to the low levels reached in the 1980 recession. Surveys of...

Personal Income and Consumption Expenditures — Monthly

January 27, 2023 Personal consumption expenditures fell 0.2% in December after having declined 0.1% in November .  Clearly, consumer spending tailed off in the final two months of the year.  In the past year nominal consumer spending has risen by 7.4%  The consumer is...

Consumer Net Worth

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...

Consumer Debt Service Ratio

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...

Consumer Loans

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...