Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and where and how they’re spending against this backdrop. Connecting the dots between the two separate reports — the Federal Reserve...
Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells Fargo and Citigroup — management commentary and earnings supplementals reveal a bit of a mixed picture on spending and credit...
Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this finding: One-quarter of those Americans earning more than six figures a year work side hustles to generate extra income. But...
The big consumer news last Friday was that the University of Michigan’s June Consumer Sentiment Index hit a seven-month low. Many scratched their heads, particularly since the CPI print earlier in the week came in flat and the economy appears to be firing on all...
June 26, 2024
Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this finding: One-quarter of those Americans earning more than six figures a year work side hustles to generate extra income. But it’s not just high earners pursuing extra cash. According to […]
April 05, 2024
Wages are increasing. The unemployment rate’s lower. The U.S. economy added more jobs in March than had been expected. And yet, it all may not be enough to offset the...
December 21, 2022
Inflation is not only making life costly, it’s undercutting the financial goals of consumers. With the new year just around the corner, many U.S. consumers are looking ahead and setting...
March 05, 2023
Last week was one of good news and ominous news for U.S. retailers. The good: They were able to present better-than-anticipated earnings as shoppers continued spending despite inflation. The ominous: These same retailers forecast smaller sales growth in the year to come. “What’s spooking investors and what is causing concern is that all of the […]
