Consumer Spending Contribution to U.S. GDP

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 and Nonfarm Payroll Growth

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

Fed Rate Cuts Boost Consumer Spending

Fed Rate Cuts Boost Consumer Spending The chart shows real PCE around first Fed rate cut: recession vs. no recession. Fed rate cuts are more effective during a recession. Image: Ned Davis Research

Home Builder Sentiment Leads Consumer Spending

Home Builder Sentiment Leads Consumer Spending Interesting chart suggesting that the NAHB housing market index leads the change in consumer spending. The latest reading for July suggests that the outlook for the U.S. economy is expected to slow. Image: Dr Thomas Kevin Swift

U.S. Discretionary Spending and Recessions

U.S. Discretionary Spending and Recessions Because there are few imbalances, Deutsche Bank suggests that the U.S. expansion could continue for many more years. Note: discreationary spending defined as consumer durable goods, plus business capex, plus residential investment (i.e. PCE durables + gross private domestic investment). Image: Deutsche Bank Global Research

U.S. Consumer Confidence and U.S. Unemployment

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