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Consumer Sector
Research
 
 
FAX ARCHIVE   September 2019
Date  Subject Descriptive Information
September 16 WATCHING WHO DOES WHAT Consumer Borrowing; Net Extensions of Consumer Credit; Spending Share Rises for Millenials; Retail Sales Not as Good as 1st Glance; Increasing Wealth & Earnings Concerns; Consumer is Worried
September 9 JUST AS EXPECTED - SO FAR Job Growth as Expected; Higher Earnings Support Wage Growth; Worker shortage?  Not for Census; forecast is for Modest Improvement in Employment Growth; But Moods are Fading; Refi to Lower Payments
September 3 LOWER INCOME BUT TARIFF BUY IN ADVANCE SPENDING A PLUS Income Growth Clearly Slowing But Pre Buying Help Spending; Vehicle Prices Rising, Sales Volatile; Non Vehicle Durables Also Buy In Advance; Too Many Inventories?; Sentiment Slowing Now Apparent For A Year; Older Consumers Weather Markets, Home Prices


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