Commodities – Commodity Price Shock, Percent of Consumer Spending The commodity price shock on consumers is not yet at the level of the 1970s. Image: Goldman Sachs Global Investment Research
Impact on U.S. Consumer Spending If Oil Prices Rise to $120 If oil prices remain elevated, will the Fed raise interest rates more gradually than markets expect? Image: J.P. Morgan Asset Management
U.S. Consumer Sentiment vs. Consumer Spending Americans continue to spend despite rising prices. Image: J.P. Morgan Asset Management
Consumer Spending Growth Since WWII Consumer spending is expected to increase significantly in 2021. Image: Oxford Economics
U.S. Consumer Spending – Comparison of Spending Between March 2021 and February 2020 Travel spending remains low, while goods spending across sectors are well above pre-pandemic levels. Image: BofA Global Research
U.S. Consumer Spending – Households Who Received Stimulus Payments and Households Who Did Not U.S. households who received stiumulus payments are feeling more confident about spending. Image: Quill Intelligence, LLC
U.S. Consumer Spending Contribution to YoY U.S. GDP Growth This time will be different, as U.S. consumer spending rarely falls into negative territory even during recessions. Image: BlackRock Investment Institute
Consumer Spending Contribution to U.S. GDP Consumer spending, which accounts for about 70% of the U.S. economy, is driving GDP growth solo. Image: Oxford Economics
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 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