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Consumer Sector
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FAX ARCHIVE   May 2020
Date  Subject Descriptive Information
May 18 GETTING BETTER Reopenings & Spring Rebound Should Help Retail Sales;  Nonstore Retail Still  Understated; Consumer Feels A Little Better;  Mortgage Purchase & Refi A + Surprise; Keep An Eye On Consumers Aged 46+; Wealth  + For This Group
May 12 SIGNS OF SPRING - MAYBE? Expectations erosion moderates; Younger, older Income expectations Rise; But Middle Age Group Sliping; Inflation Views Rise; Discretionary Spending Plans Lower; But Necessity Spending Plans Rise 
May 11 BAD ECONOMY, BAD DATA Big Drop in Employment, Surge in Earnings & Workweek??; Birth/Death Flip; 1/3 Job Losses Were Part-Time; Slower Spending=Less Borrowing; But Will Need Borrowing for Recovery
May 5 WHAT KIND OF RECOVERY? March Decline Durable Goods & Services as Nondurables Gain; Health Services and Shift of Food to Nondurables (at-Home) Hurt Services; Consumer Jobs, Wages & Spending decline during April; Reluctant Lenders? Some, but; Loan Demand Also Down
May 1 BEST OF MOMENTUM Consumer Spending Detail


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