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Consumer Sector
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FAX ARCHIVE   August 2017
Date  Subject Descriptive Information
August 14 FOLLOW THE MONEY Revolving & Vehicle Debt Reach & Surpass Prior Peaks; revolving Credit Growth Stalls; Debt Payments % DPI Low, but Debt Payments High; Wage Growth Slowing; Consumer Income Expectations At Odds With spending Plans; Hotel RevPar Hard to Find
August 7 WHAT TO BELEIVE Job, Wage & Spending Trends Slowing; Discretionary Goods & Services sluggish; If Demand is slowing, Why Reduce Inventories; Labor Force Lags Population, Employment Growth; SAAR Employment All Birth/Death Adjustment; A Downward Benchmark Revision for Jobs?


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