The Consumers Likely Mood in November

Consumers’ moods reflect the current and anticipated domestic economy and world events.  The actual levels of employment opportunities, paychecks and cost-of-living can either free consumers to pursue their wants or constrain them to hunker down.  Threats from abroad can worry consumers about citizens’ safety and the nation’s ability to thrive.  Since consumers take their moods […]

Consumers Still Glum Despite Job Growth

Consumer attitudes toward the U.S. economy and their place in it track many factors, but the behavior of prices and the jobs picture have oversized influence.  Consumer attitudes help guide changes in their spending, and consumer spending accounts for 70% of GDP.  The continued slump in housing prices, the loss of high paying jobs, and […]