Consumer Sentiment

September 16, 2022 The preliminary estimate of consumer sentiment for September rose 1.3 points to 59.5 after having climbed 6.7 points in July..  The June level was the lowest on record and roughly comparable to the low levels reached in the 1980 recession. Surveys...

Personal Income and Consumption Expenditures — Monthly

August 26, 2022 Personal consumption expenditures rose by a smaller than expected 0.1% in July after climbing by a larger-than-expected 1.0% in June.  In the past year nominal consumer spending has risen by 8.7%  While there are always monthly wiggles, the consumer is...

Consumer Confidence

July 26, 2022 . The Conference Board reported that consumer confidence rose 7.9 points in August to 103.2 after having fallen 3.1 points in July, 4.8 points in June, and 5.4 points in May. Senior Director of Economic Indicators at the Conference Board, Lynn Franco,...

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...