Consumer Spending Expectations Rise at Median-to-High End

by Mike ‘Mish’ Shedlock
Mish Talk

Consumer spending expectations have bounced a bit since the beginning of the year at the median level and at the high end. Despite the bounce, none of the trendlines have turned up.

[…] I created the above chart after downloading data from the New York Fed’s Survey of Consumer Expectations.

  • The median and low-end spending expectations peaked in April of 2014. The high-end peaked in August of 2013.
  • Compared to the Excel generated trendlines, there has been a decent bounce in spending expectations at the high vs. but no bounce at the low end.
  • Compared to December of 2015, there has been a nice bounce at the median and high end, but not the low end.
  • Compared to February of 2016, the only bounce is at the high end.
  • None of the trendlines have turned up.

Here are a few other charts from the report.

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