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Growth in sales tax revenues signals increase in consumer spending in 2011 was widespread geographically. More Modest Spending Growth in Fourth Quarter Spending growth exceeded income growth for the quarter, but the pattern is changing. Outlook: Balance Sheets After a tough third quarter, the improvement in household balance sheets has accelerated. Long-Term Unemployed Workers Will Be Left Behind The recovery will be too weak to absorb many long-term unemployed. Luxury Vehicle Sales Reflect Post-Recession Economy Luxury sales are growing as a share of total vehicle sales.
The University of Michigan sentiment index rose to an 11-month high. Confidence Improving Along With the Economy The University of Michigan index reaches its highest level since the first half of 2011. Consumer Credit Surges in November Consumers turn to borrowing as confidence improves and income disappoints. |
January 23 Balance Sheets After a tough third quarter, the improvement in household balance sheets has accelerated. January 20 Long-Term Unemployed Workers Will Be Left Behind The recovery will be too weak to absorb many long-term unemployed.
Automotive Gas Costs
$/gallon
Coverage of consumer
spending at chain stores
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