Tag: consumer spending

Slow Evolution Of Consumer Spending

Slow Evolution Of Consumer Spending

Key Takeaways Consumer spending has been slow to recover after the Great Recession relative to other economic downturns. We see signs that consumer spending could accelerate, especially if the relatively tight labor market finally results in higher wages for workers. […]

Blinders On

Blinders On

Uncertainty about U.S. fiscal policy changes persists. Tax cuts and infrastructure spending proposals are on the table, but they are unlikely to be enacted in 2017. We continue to maintain skepticism about the timing and size of the fiscal policy […]