Joshua Shapiro
Joshua Shapiro
combined consumer data entered fact july means personal point retail sales
Combined with the fact that today's retail sales data point to a surge in July personal consumption, this means that the consumer entered Q3 with substantial momentum.
anytime consumers costs disappear economy energy higher labor likely markets seem soon taking toll
In general, consumers seem to be taking the view, at least initially, that higher energy costs will not disappear anytime soon and that they are likely to take a toll on the economy as a whole and on labor markets in particular.
amount decent economy momentum seems
The economy seems to have a decent amount of momentum at the moment.