Tag Archives: consumer confidence

Q2 GDP Growth Unchanged

Popular Economics Weekly BEA.gov In the face of declining consumer confidence, but strong consumer and government spending, the third estimate of second quarter GDP growth was unchanged at 2 percent. The BEA reported the increase in real GDP in the … Continue reading

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It’s Up To the Consumers!

Popular Economics Weekly Consumers are feeling good enough to keep the US economy from sinking into recession at the moment. The consumer sentiment survey edged up to 98.4 this month from 98.2 in June, according to a preliminary reading from … Continue reading

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Are Consumers Happy, Will Continue to Spend?

Financial FAQs I mentioned last week the big question remains, with March’s initial estimate of Q1 GDP growth, will consumers continue to maintain their share of consumption and continue to boost economic growth? Today’s release of February and March Personal … Continue reading

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Retail Sales Rebound Sign of Higher Growth?

Popular Economics Weekly Sales at U.S. retailers surged in March by the most in a year and a half, the latest in a string of reports suggesting economic growth is picking up after a soft spell of growth earlier in … Continue reading

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Boom Times Here with Rising Retail Sales, Inflation

The Mortgage Corner Retail sales jumped 0.8 percent in May which easily tops economists’ estimates. And the results include an upward revision to April which now stands at a 0.4 percent gain, according to Econoday. It is in part due … Continue reading

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New-Home Sales, Consumer Confidence Booming

The Mortgage Corner Graph: Econoday In spite of rising mortgage rates, new-home sales are booming and consumer confidence is at multi-year highs. March new-home sales rose 4.0 percent annualized to 694,000 and is just off the expansion high of 711,000 … Continue reading

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Increasing Growth Ahead, But Watch for Bubbles!

Financial FAQs Maybe it’s the natural disasters plaguing U.S. Or the fact businesses haven’t been investing in future growth until now. But the times they are a’changin, as GDP grew 3 percent in Q3 for the second quarter in a … Continue reading

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