Consumer Sentiment

November 25, 2020 The final estimate of consumer sentiment for November came in at 76.9 which is virtually identical to the preliminary estimate of estimate of 77.0  Thus, consumer sentiment for November fell 4.9 points to 76.9 after having risen 1.4 points in...

Personal Income and Consumption Expenditures — Monthly

November 25,  2020 Personal consumption expenditures rose 0.5% in October after climbing 1.2% in both August and September.     What we are really interested in is real consumption spending which rose 0.5% in October after climbing 1.1% in September and 0.9% in...

Consumer Confidence

November 24, 2020 . The Conference Board reported that consumer confidence fell 5.0 points in November to 96.4 after declining 0.4 point in October.   Confidence is recovering slowly and remains well below its pre-recession level. Senior Director of Economic...

Consumer Loans

May 6, 2020 Consumer loans plunged at a 52% annual rate in April (the purple bars) as the economy stopped dead in its tracks following the imposition of very restrictive measures to combat the spread of the corona virus  Data from the Consumer Financial Protection...

Consumer Debt Service Ratio

March 20, 2020 Consumers debt service payments relative to income was essentially unchanged in the fourth quarter at 9.7% which is the lowest on record for a series that stretches back to 1980 — 38 years ago! The household debt service ratio is an estimate of...

Consumer Net Worth

March 4, 2020 Consumer net worth rose $32 trillion in the fourth quarter.  That works out to an annualized rate of increase of 10.9% which follows a 2.8% increase in the third quarter.  Over the past year consumer net worth has increased 10.4%. The growth in net worth...