Tag Archives: consumer confidence

When Will Growth Return?

Financial FAQs FRED-MarketWatch The headline decline in Q2 GDP growth only touches the surface of what economic growth to expect this fall and winter. The drop of minus -32.9 percent was inevitable with the pandemic lockdowns, but not the severity … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Consumer Confidence in Decline

Popular Economics Weekly FRED There are a number of reasons that consumers are becoming more fearful after that initial boost of spending with the spring holidays. It’s not only the prospect of a COVID-19 resurgence in the fall when we … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Why the Uneven Recovery?

Financial FAQs Wrightson.com Consumer confidence is returning from its recent lows over the past two months with it main index up 12.1 points for a 3-month high in May as the lockdowns ease in some states, said the Conference Board … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , | Leave a comment

Will Economic Growth Return in Fall?

Financial FAQs Wrightson.com The second estimate of first quarter real GDP growth was revised to a negative -5.0 percent from its initial estimate of -4.8 percent, with the decline in consumer services the main culprit. It only hints at how … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Consumer at Center of Any Recovery

Financial FAQs FRED retail sales The American economy has depended on consumers’ health, and consumer spending since the 1950s, really. Consumers generate some 70 percent of economic activity from their purchases, with government spending and capital expenditures in the private … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics | Tagged , , , , | Leave a comment

The Coming Greater Depression?

Popular Economics Weekly MarketWatch.com Minnesota Fed Governor Neal Kashkari believes the COVID-19 pandemic doesn’t have to bring on another Great Depression. But it will still take some 18 months to recover, and only if Americans are able to cooperate in … Continue reading

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

The Coming Anxiety Pandemic

Popular Economics Weekly Dryuz.com Americans’ confidence in their future is dropping substantially as they decide who to trust during the COVID-19 pandemic. Hence what Nobel laureate economist Robert Shiller has called the rise of its result—an anxiety pandemic. Dr. Shiller’s … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

The Coming Anxiety Pandemic

Popular Economics Weekly Dryuz.com Americans’ confidence in their future is dropping substantially as they decide who to trust during the COVID-19 pandemic. Hence what Nobel laureate economist Robert Shiller has called the result of the loss of confidence—an anxiety pandemic. … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

When Will Consumers Recover?

Popular Economics Weekly BEA.gov The key to a robust recovery will depend on how American consumers react to the novel coronavirus pandemic and business shutdown. We were slipping into a recession, anyway. COVID-19 just sped up the inevitable results of … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics | Tagged , , , , | Leave a comment

Consumer Sentiment in the Dumps

Financial FAQs MarketWatch Consumer sentiment is plunging.  And why not? With an additional 6.6 million initial unemployment compensation claims this week, it brings the total in just the past three weeks to 16.8 million since the COVID-19 national lockdown of … Continue reading

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , , | Leave a comment