Consumer Dynamics Briefs
2022
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CPI Reaction—Prices Reach 41-year High Supporting Fed Hike
June 10 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)Although prices for select durables are falling, the war in Ukraine continues to stoke nondurables prices, particularly for food and energy.
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April retail sales continued to expand despite headwinds
May 17 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The latest retail sales data show an economy that still has momentum despite headwinds from high inflation and rising interest rates.
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April CPI Moderates, but Inflation Remains Problematic
May 11 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This is the first time this widely-followed gauge of inflation increased at a slower clip in eight months.
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High Inflation Limiting Retail Sales Growth
March 16 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Retail spending in February rose $2.0 billion to $658.1 billion for the month – up 0.3 percent from the previous month and up 17.6 percent from a year earlier.
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January CPI Rises to 7.5 Percent
February 10 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This key measure of consumer price inflation is now at the highest rate recorded since 1982.
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December Spending, Income, and Inflation Readings Disappoint
January 28 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Comment on Personal Income & Outlays report for December
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Q4 2021 GDP Growth Rebounds to 6.9 Percent
January 27 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Comment on US GDP report for Q4 2021
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December Retail Sales Plummet
January 14 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Retail spending in December dropped $12.2 billion to $626.8 billion for the month – down 1.9 percent from the previous month and up 16.9 percent from a year ear
2021
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Fed Signals Three 25bp Rate Hikes in 2022
December 15 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)As expected, the Fed delivered a hawkish policy statement at the December meeting, hastening the pace of quantitative easing tapering.
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Lackluster November Retail Sales Prompt Concern
December 15 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)November's modest uptick was below expectations and suggests that rising prices are curbing consumer spending power.
