The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
Executive Brief: US Spending Set to Increase for Rest of 2019–Despite First Quarter Wobble

This overview of US consumer expenditures lays out positive and negative drivers of spending and looks at the trends ahead. The outlook points to a modest slowdown from the rapid pace of last year’s growth. A strong labor market, few if any further interest rate increases, and easing concerns about trade negotiations will support demand growth. Consumption is set to grow at 2.5 percent through the end of 2019. While this represents a small slowdown from last year’s figure of 2.6 percent, improved financing conditions could help reverse the recent slide in purchases of durable goods.

Share
  • LINKEDIN
  • EMAIL
  • TWITTER
  • FACEBOOK
Share

Pricing
Executive Action Report (4 pgs)
Members: Sign in to see if this product is complimentary with your membership.
Non-members: Not available
(Click here to learn more about membership
)