One can list numerous reasons for tepid economic expansion in the US. One explanation is that the US households and businesses are relentlessly bombarded with issues that generate uncertainty. Many of these issues carry the so-called economic “tail ris…
Tag Archive for Consumer Sentiment
Contributors- Economic and Financial, Must Read, Taken Down
4 indicators signal that US economic growth is off to a weak start for the quarter – Sober Look
by Sober Look • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. Those hoping for the US economy to accelerate in the second half – and many economists made that call early in the year – will be disappointed. While employment metrics seem to show steady improvements, putting the Fed…
Contributors- Economic and Financial, Must Read, Taken Down
High frequency sentiment indicators point to weakening consumer confidence – Sober Look
by Sober Look • • 0 Comments
As discussed earlier (see post), improvements in the US consumer sentiment that we’ve been seeing earlier this year seem to have stalled. The high frequency polling indicators from Gallup and Rasmussen are both showing this reversal in trend.Sourc…
Contributors- Economic and Financial, Must Read, Taken Down
Consumer sentiment in the US has peaked – Sober Look
by Sober Look • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. With a sharp rise in interest rates (see chart) and with gasoline prices still elevated after a spike this summer (see chart), it is increasingly important to track the US consumer sentiment. Given the anemic post-recession growth, additional…
Contributors- Economic and Financial, Must Read, Taken Down
Watch gasoline futures prices – Sober Look
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US fuel prices continue to rise. August NYMEX gasoline futures price cleared $3/gal a couple of days ago and is now at the highest level for 2013.
Contributors- Economic and Financial, Must Read, Taken Down
Weak income growth holding back consumer spending- Sober Look
by Sober Look • • 0 Comments
As discussed previously, economists maintain that in spite of the slowdown in manufacturing, the US consumer should provide the necessary lift to improve growth. According to the theory, with consumer confidence improving, the spending should follow. B…
Contributors- Economic and Financial, Must Read, Taken Down
Once again, the US consumer is expected to save the day – Sober Look
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The “seasonal” manufacturing activity slowdown in the US (discussed here) has arrived on schedule. It is visible not just in the Markit PMI measure (below), but across other national and regional indicators as well.
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Americans face more bad news at the gas pump- Sober Look
by Walter Kurtz • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. As gasoline prices rise above $5/gallon in LA (see video below), analysts are puzzled. Gasoline prices have been on the rise for the past 31 days, which is highly unusual for this time of the year. Typically prices…
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What’s wrong with this picture? – Sober Look
by Walter Kurtz • • 0 Comments
This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. January US consumer confidence from the Conference Board came in materially below consensus today. Source: Econoday Reuters: – Consumer confidence dropped in January to its lowest level in more than a year as Americans were more pessimistic about…
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Eurozone survey indicators look extremely weak; watch German GfK consumer sentiment at 7 GMT – Sober Look
by Walter Kurtz • • 0 Comments
It is time once again to take a closer look at the latest Eurozone consumer sentiment and business conditions surveys. These measures tend to be leading indicators for the trajectory of corporate earnings and GDP growth. The first one i…
