Tag Archives: retail sales

Retail Sales, Consumer Sentiment Boosting Holiday Cheer

Popular Economics Weekly Retail Sales are growing again, and U. of Michigan survey of consumer sentiment is also spiking at the right time of year for holiday sales. That’s because job openings and hires in the September JOLTS report are … Continue reading

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Retail Sales Much Stronger?

Financial FAQs The jump in retail sales was huge, plus upward revisions to past months that made more sense with other indicators of a growing economy. It seems the consumer can afford to spend more with lower debt levels and … Continue reading

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Consumer Confidence Surging, Why Not Spending?

Popular Economics Weekly Consumer confidence is up led by strength in the current assessment, which points to gains for consumer readings in August. But why aren’t consumers spending more, if so? Auto sales are up, but retail sales overall are … Continue reading

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Rising Consumer Confidence To Boost Growth

Popular Economics Weekly Consumers seem to finally be consuming their normal share of economic growth—which is currently 68.2 percent of GDP, or overall economic activity. We know this because they are spending more, and their confidence numbers are returning to … Continue reading

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What Happens in 2014??

Popular Economics Weekly Next year could start with a bang. U.S. third quarter Gross Domestic Product expanded at 4.1 percent, revised up from 3.6 percent, with consumer spending a main driver of growth. This has to mean consumers are feeling … Continue reading

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Economic Growth Stronger Than Predictions?

Popular Economics Weekly There are signs that economists have underestimated GDP growth this year. The New York Times surveyed economists in a recent Sunday front page article, that said growth could increase to 3 percent from the 2 percent norm … Continue reading

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Consumer Debt Falls to Pre-Recession Level

Financial FAQs The total amount of debt held by Americans fell again in the first three months of 2013 and stood at the lowest level since the middle of 2006, the New York Federal Reserve said Tuesday. The level of … Continue reading

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Higher Retail Sales Point to Consumer Health

Popular Economics Weekly Consumers are buying more, a reflection of improving incomes and the jobs market. The U.S. Census Bureau announced Wednesday that advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday … Continue reading

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Consumers Key to Future Growth

Popular Economics Weekly The February unemployment report gives a big boost to predictions for 2013 growth. The unemployment rate fell to 7.7 percent, and some 236,000 nonfarm payroll jobs were added to the workforce (246,000 private payroll jobs, less 10,000 … Continue reading

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The Fed Worried About Continued Growth

Popular Economics Weekly Fourth Quarter Gross Domestic Product growth was a bust. What does that say about 2013? Are consumers tapped out, and capital expenditures (capex) shrinking, the two main drivers of economic growth? It doesn’t seem so, as long … Continue reading

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