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Modest spending through back-to-school headed to holidays

Retail sales gains have moderated near 3.5% growth in the back-to-school third quarter. That’s half a percentage point stronger than a year ago, although brick-and-mortar growth remains much weaker given e-commerce gains. Furniture and home improvement stores are holding up best…


spending confidence trends

Spending outlook kept positive by Gen X

The spending outlook through the back-to-school and holiday seasons is looking more positive as Gen X shoppers sustained a pickup in spending confidence for a second month in a row. The improving spending sentiment among Gen X is key because they…


July spending pickup muted by e-commerce impact

Retail sales gains firmed up in July, but except for e-commerce the year-to-date trends remain weak at brick and mortar stores—and especially at apparel and department stores. The July pickup was predicted by the latest measure of consumers’ confidence to spend…


job trends

Outlook supported by job gains despite weak spots

The Fall outlook for consumer spending is being bolstered by sustained job gains at a national level—although pockets of weak growth persist through the country’s mid-section and Northeast states. The weak spots—from Kansas and Wyoming to Alaska and West Virginia—remain depressed…


spending confidence trends

Spending outlook brightens with Millennials and Gen X

The outlook for consumer spending in the coming months has brightened with a pickup in spending confidence led by Millennial and Gen X shoppers. The confidence pickup among Millennials in July is particularly notable because their year-long weakness had been offsetting…


Consumer price trends

Price threats persist, despite subsiding inflation

Overall consumer price pressure continued to ease through the summer, but remains a real threat to consumer spending in certain categories and a re-emerging threat in food and fuel. Despite the subsiding price pressure, expect the Federal Reserve to remain intent…