Global Consumers (Housing and Retail) vs. Confidence (Soft Data) Chart showing the large divergence between global hard data and confidence (soft data). Confidence still refuses to rebound. Image: Arbor Research & Trading LLC
U.S. Consumer Confidence and U.S. Unemployment A tight U.S. labor market and low interest rates should continue to support U.S. consumer confidence and spending. Image: Goldman Sachs Global Investment Research
U.S. Consumer Confidence and CEO Confidence The trade war keeps weighing on CEO confidence, which is near record lows, while consumer confidence has remained relatively strong. Image: Goldman Sachs Global Investment Research
U.S. Consumer Sentiment The University of Michigan Consumer Sentiment Index is more sensitive to financial markets, whereas the Conference Board Index reflects labor market conditions. Image: J.P. Morgan
U.S. Consumer Spending, Business Investment and U.S. GDP Right now, consumer spending is the driving force behind the U.S. economy. Image: Financial Times
U.S. Consumer Confidence Leads U.S. Unemployment Chart suggesting that U.S. consumer confidence leads U.S. unemployment by three months. Image: Pictet Wealth Management
U.S. Consumer Spending and Nonfarm Payroll Growth U.S. consumers may spend less going forward. Slower job growth usually leads to a slowdown in consumer spending. Image: BofA Merrill Lynch Global Research
MSCI World Index vs. OECD Unemployment Rate and U.S. Consumer Confidence Chart suggesting that OECD unemployment troughs and very confident U.S. consumers do not generally bode well for global equities. Image: Morgan Stanley Research
University of Michigan Consumer Expectations Index and Real Consumer Spending This chart shows the correlation between consumer expectations and real consumer spending, and suggests real consumer spending growth of around 2.5-3%. Image: ING
University of Michigan Consumer Sentiment Index Leads U.S. Unemployment Rate This chart suggests that the University of Michigan Consumer Sentiment Index leads the U.S. unemployment rate by 9 months. An R² of 0.80 is quite high and significant. Image: Deutsche Bank
