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job trends by state metro market
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Positive signs from job market, despite threats

Despite threats, signs from job gains suggest the economic outlook may improve from a modest start to the year. The job gains, however, remain skewed toward Western and some Southern states and metro markets. The threats to the outlook are coming from trade tariffs, rising interest rates, and growing inflation pressure led by fuel and […]

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spending confidence trends

Millennial spending confidence offers support for outlook

Spending confidence among Millennials remains on a strong upward trend—leading consumers’ overall confidence to spend higher in June. Clothing, health and beauty are benefitting most among categories from the confidence trends. Homegoods also show mixed signs of opportunity among generations. The latest confidence numbers suggest that the outlook will be challenged by spending confidence that […]

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Retail spending lifted by strong May and revisions

The U.S. retail sales trend in 2018 suddenly looks stronger as a result of a healthy month of May and upward revisions to prior months as reported by the government. Sales are up about 4.5% year-to-year for the first five months. That’s more than half a percentage point stronger than the (YTD) pace reported a […]

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