The American Consumer’s Surprising Strength - Forbes

Nov 1, 2024 · Assessing the Health of Consumers. The first thing most people look at when talking about consumer health is credit card balances. Credit card debt in the U.S. reached …

CouponFollow Extension

2%
OFF

What Does 2025 Hold For The American Consumer?

4 weeks from now

4 days ago · Consumer behavior and the job market. Labor markets have softened but remain resilient. Hiring rates are normalizing, while layoffs and unemployment – 4.2%, up from 3.7% …

thecincinnatiherald.com

2%
OFF

Solid Spending To Boost Consumer Sector Stocks In 2025: …

4 weeks from now

Dec 14, 2024 · Consumer sentiment and spending will remain strong in 2025, Goldman Sachs says. Analysts expect discretionary cash flow for US consumers to grow 5.2% compared to a …

businessinsider.com

5%
OFF

Will The U.S. Consumer Keep Economic Growth Afloat?

4 weeks from now

Apr 19, 2024 · Consumer incomes: With wage growth running consistently at 4-4.5% and inflation declining below 4%, consumers have benefited from positive real wage gains all last year. …

jpmorgan.com

47%
OFF

Consumer Spending Is Strong, But What Does It Mean For The …

4 weeks from now

Nov 8, 2022 · The U.S. consumer is strong. That's what Bank of America (BAC-0.47%) Chief Executive Officer Brian Moynihan told analysts during last month's third-quarter conference …

fool.com

$215
OFF

FACT SHEET: Biden-Harris Administration Marks Progress …

4 weeks from now

Dec 19, 2024 · For example, the United States has invested $215 million to boost production of solid rocket motors, which are one of the most critical components used in our advanced …

whitehouse.gov

FAQs about The American Consumer’s Surprising Strength - Forbes Coupon?

Should American consumers be able to spend beyond their means?

American consumers are rather adept at spending beyond their means suggesting that so long as labor markets remain tight and incomes are supported, barring an unforeseen shock, gradually cooling consumption growth should allow for a soft landing. ...

Is the strength of the consumer a problem?

During times of inflation, such as now, the strength of the consumer could be a problem. Through the first three quarters of this year, Bank of America's consumer customers have spent $3.1 trillion, which is up 12% from last year. Although spending slowed slightly in September, it was still up 10% from last year. ...

Is a strong consumer economy good for the economy?

A strong consumer economy can be a good thing, as it indicates fewer delinquencies. However, it could also present a problem during these economic times. Household deposits and savings remain elevated, which could make it more difficult for the Federal Reserve to put a lid on inflation. ...

How have consumers remained resilient?

So far, despite high inflation, declining confidence and volatile financial markets, U.S. consumers have remained remarkably resilient. Households have started to aggressively draw down their savings (personal saving rates have plummeted) and are increasingly tapping revolving credit facilities (like credit cards) to sustain their spending levels. ...

Will consumer sentiment & spending remain strong in 2025?

Consumer sentiment and spending will remain strong in 2025, Goldman Sachs says. Analysts expect discretionary cash flow for US consumers to grow 5.2% compared to a 4.4% rise in 2024. That strength will lead to outsize gains among discretionary stocks, with some outperformance in staples, too, they say. ...

Is the American consumer under stress?

The American consumer has been under stress, but it’s not like they stopped spending completely. We believe brands that have tried to work with the stressed consumer through this recent period of instability stand to benefit significantly as the tide for the consumer begins to turn. ...