Consumer Net Worth

April 4, 2024 .Consumer net worth jumped 12.8% in the fourth quarter of last year. after declining 3.7% in the third quarter  Over the past year consumer net worth has increased 8.0%. The growth in net worth reflects both the steady increase in stock prices during the...

Consumer Debt Service Ratio

April 4, 2024 Consumers debt service payments relative to income rose somewhat in the fourth quarter to 9.8%,  .Consumer debt in relation to income is slightly higher than it was a couple of quarters ago as the result of a rapid increase in credit card debt.  But the...

Consumer Loans

April 4, 2024 The economy has been chugging along at about a 2.5% pace.  Consumer loans growth in the past year has been climbing at a roughly comparable 2.9% pace.  Nothing too surprising with the extent of consumer borrowing from banks. Rather than borrowing from a...

Personal Income and Consumption Expenditures — Monthly

March 29, 2024 Personal consumption expenditures jumped 0.8% in February after  having risen 0.2% in January and 0.6% in December. The consumer is still willing to spend despite worries about inflation and the pace of Fed tightening. What we are really interested in...

Consumer Sentiment

March 28, 2024 The .final estimate of consumer sentiment for March rose 2.5 points to 79.4 compared to the preliminary estimate which showed a decline of 0.5 point. Surveys of Consumers Director Joanne Hsu said,  “.Critically, consumers exhibited confidence that...

Consumer Confidence

February 27, 2024 . The Conference Board reported that consumer confidence fell 4.2 points in February to 106.7 after rising 2.9 points in January.  This was the first decline after rising for three consecutive months.. Chief Economist at the Conference Board, Dana...