Marketing & Communications Briefs
2022
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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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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.
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October Retail Sales Robust as Holiday Period Begins
November 16 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Retail spending in October rose $10.7 billion to $638.2 billion for the month – up 1.7 percent from the previous month and up 16.3 percent from a year earlier.
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Are Consumer Expectations Signaling Recession?
November 01 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Lynn Franco, Former Senior Director, Economic Indicators and Surveys, The Conference Board | Comments (0)US consumer expectations as measured by The Conference Board Consumer Confidence Index ticked up in October, but this followed three months of declines. Did the declines signal recession in 2022 or just a hiccup related to the Delta variant? We propose the latter.
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September Spending, Income, and Inflation Data Mixed
October 29 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Comment on Personal Income & Outlays report for September – Erik Lundh, Principal Economist, The Conference Board
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September retail sales continued to rise as Delta wave ebbs
October 15 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Retail spending in September rose $4.6 billion to $625.4 billion for the month – up 0.7 percent from the previous month and up 13.9 percent from a year earlier. These improvements were not merely a function of rising prices: adjusted for inflation, sales were up 0.3 percent month-over-month and 8.1 percent year-over-year. As the severity of the Delta wave continues to abate, these data suggest that American consumers still have an appetite to spend as we enter the last quarter of the year.
