Consumer Dynamics Briefs
2021
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What If? The Government Shuts Down and/or We Hit the Debt Ceiling
October 01 | Gurleen Chadha, Former Research Analyst, The Conference Board | Comments (0)The US Congress is currently locked in discussions on continuing to fund Federal government operations and whether to either raise or suspend the debt ceiling. We have been here before, and it has always worked out—with more or less pain along the way. Indeed, Congress has passed a Continuing Resolution (CR) to fund the Federal government through December 3, 2021. What if come December, we find ourselves on the brink once again? Also, what happens if we hit the public debt ceiling?
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Fed Signals Taper and Hikes Sooner – 5 Takeaways and 4 Insights for What’s Ahead
September 22 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)The spread of the Delta variant notwithstanding, FOMC participants are inching closer to removing the monetary policy punchbowl possibly as soon as the November meeting. We provide five key takeaways from the September Fed meeting and what it means for the C-Suite.
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August retail sales continued to improve despite Delta variant
September 16 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Retail spending in August surprised to the upside suggesting continued resiliency in consumption despite the COVID-19 Delta variant.
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Healthy consumer spending supported by strong labor markets
August 27 | Ataman Ozyildirim, Former Senior Director, Economics, The Conference Board | Comments (0)July Personal Income & Outlays data released this morning, show an economy that is still recovering. Amid shifting demand from goods to services spending, personal consumer expenditures growth slowed.
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Wage, income, spending and inflation data all point to continued recovery while pushing against supply constraints
July 30 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Comment on June Personal Income & Outlay data and the Q2 2021 Employee Cost Index – Erik Lundh, Principal Economist, The Conference Board & Gad Levanon, Vice President, Labor Markets, The Conference Board
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May PCE Reaction: Spending Patterns Shift, but Inflation Remains
June 25 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)May income, spending and inflation data reveal an economy that is shifting back to pre-pandemic patterns as the threat of COVID-19 abates. Following the distribution of government stimulus checks in March US personal income dipped for a second month in May.
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April PCE Reaction: Inflation Creeps Higher as Consumers Shift to Services
May 28 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)April income, spending and inflation data reveal an economy that is on the mend, but not yet fully recovered.
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Despite Volatility, US Economic Recovery Reaccelerates in Q1 2021
April 29 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)US Real Gross Domestic Product grew by 6.4 percent (annualized) during the first quarter of 2021, slightly below the consensus forecast and above The Conference Board’s forecast of 5.0 percent.
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An Unexpected Competitive Advantage For Businesses? Tackling Data Privacy Practices Head On
March 29 | Denise Dahlhoff, PhD, Director, Marketing & Communications Research, The Conference Board | Comments (0)Changing some data practices, ahead of regulation, and giving consumers more control over how their personal information is shared will ultimately build long-term trust.