Consumer Spending

When consumers receive an income, those funds can go into savings or spending. Consumer spending is the measurement of funds dispersed (not in savings) and that can go into goods and services that consumers deem warranted. This can include durable goods, such as washing machines, and non-durable goods, such as food. As the U.S. economy is comprised of over 70% consumer spending, this is a very important piece of economic data.


It would be great to have a crystal ball and see what 2016 will bring. But with so much volatility going on, many investors cannot look beyond the current quarter, especially after the abysmal third quarter that just ended. For…

While most stocks and the underlying sectors are struggling to post gains in 2015, the consumer discretionary sector has been one of the top performers this year. With the U.S. economy showing signs of sustained growth, consumer discretionary stocks may…

I have written over and over again on how distorted the U.S. business sales and inventory figures are. Manufacturers are stockpiling products. Retailers are experiencing a decline in sales. Consumer spending is getting softer. But it’s more than just retail…

What used to be a leading indicator, the stock market has now become a lagging indicator. For months (in these pages), I have written about how sick the U.S. economy has become. Stock market investors are waking up to the…

In June, retail and food service sales in the U.S. economy declined 0.3% from May. When calculating these sales figures, the Census Bureau looks at 13 different kinds of businesses. In June, seven of those business types reported an outright…

The S&P 500 is set to be flat on Friday, June 26th, as investors are keeping an eye on a deal to avert a Greek default on a proposal from its creditors and China’s stock market continues to sell off.…

The S&P 500 is opening the trading session higher on Thursday, June 25, as investors are optimistic for a deal to avert a Greek default on a proposal from its creditors. The differences between Greece’s proposal and that of its…

Visa Inc. (NYSE/V), the credit card company, recently published its Retail Spending Monitor report, which keeps track of consumer spending in the U.S. The report shows that, excluding autos and gas, retail sales went up by 4.5% in April 2015.…

The chart below shows us that between April and August of this year, home prices in the U.S. declined. The S&P Case-Shiller Home Price Index is only released 60 days after each month’s end, so while data for September and…

On November 30, Switzerland’s citizens will cast a very critical vote. Through a referendum, they will vote for or against the Swiss National Bank increasing its gold bullion reserves to 20%, the central bank halting the selling of gold, and…

If you follow the financial news, it feels like the stock market is moving higher and higher…a situation in which investors often feel they are missing out. But the reality of the situation is very different. So far this year,…

A few years ago, investors couldn’t get enough of Chinese stocks. This led to numerous frauds committed by crooks in China that has since tarnished the reputation and reliability of all Chinese companies, whether they’re legitimate or not, despite their…

By no surprise to me whatsoever, the government’s third and final estimate of first-quarter U.S. gross domestic product (GDP) came in at a negative annual pace of 2.9%. (Source: U.S. Bureau of Economic Analysis, June 25, 2014.) The U.S. economy’s…

When I look at the stock market, I ask who in their right mind would buy stocks? While key stock market indices creep higher, the fundamentals suggest the complete opposite. But despite valuations being stretched, insiders selling, corporate revenue growth…

Don’t buy into the notion that there’s economic growth in America! We’ve already seen U.S. gross domestic product (GDP) “unexpectedly” decline in the first quarter of 2014, and now there are signs of another contraction in the current quarter. (The…

In the first quarter of 2014, Retail Metrics, a retail industry research firm, found U.S. retailers missed their corporate earnings estimates by the most since the year 2000! As I have been writing, consumer spending only increases when consumer confidence…

I keep hearing about the economy improving, but I keep asking, where? I ask because the facts continue to say otherwise. The U.S. Bureau of Economic Analysis reports gross domestic product (GDP) came in at just 0.1% in the first…