Source: Conference Board
Tuesday, October 25, 2011
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2011
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October
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- Spending, Transfer Payments, and Taxes
- Economy Grows at 2.5%, Led by Spending and Investment
- Unsustainable... Transfer Payments
- The Rich Get "Slightly Less Baller"
- Consumer Uncertainty
- On the Seasonality of Equities
- Below Trend Growth
- EconomPics of the Week
- Explaining the Retail Sales / Confidence Dislocation
- Leading Economic Indicators
- Inflation
- Industrial Production "Inflection" to Lead Equitie...
- It's All About Financials
- Emerging Market Rotation Strategy
- Employment Reports Mixed
- More on Chinese Investment
- China's Investment Conundrum
- RIP Steve Jobs
- Finance and Government... Such a Drag (On Jobs)
- Manufacturing Expands in September
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October
(20)
Analyzer
Though consumer confidence tends to be a lagging indicator, it still plays a role in consumer spending decisions (in addition to labor income and net wealth). The current trend for real consumer spending is down (see chart below) and, with tepid wage growth and lower stock prices hitting household wealth, the prospect of economic recovery is ever smaller.
ReplyDeletehttp://www.adsanalytics.com/dashboard/docs/dashboard.php?treepage=tree_definition_main.php&chart=chart_hh_rpce
ADS Analytics
Interesting but not surprising. August sucked and September was pretty good because a lot of people went back to school and bought clothes and computer stuff. So it's natural to see confidence drop in October.
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