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Consumer Sector
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FAX ARCHIVE   August 2025
Date  Subject Descriptive Information
August 24 SOME UP AND SOME DOWN Home Prices Clearly Eroding;  Big Movements in Job Growth;  Consumers Worry About Wage Growth;  Withheld Taxes Slow;  DebitCards GainShare... Shift From Credit, or BNPL?  Student Loan Debt Burden
August 15 LAGGING DATA ADDS TO UNCERTAINTY

Worries Resurface As Bad News Accelerates; Up and Down Retail Trends Will Continue;  Some Extra Money;  Easing Debt Burden Is A Stimulus; Price Data No Good;  Higher Prices?  Just Say “NO”

August 8 LOWER EXPECTATIONS FOR ALL Jobs Trends Now Matching In Most Series, But Level Still Too High;  Consumers Under 40 Years in Low and Middle Income Groups See Lowest Spending Growth;  They Are Having Trouble Paying Bills;  Rent Expectations Falling;  Debt Growth Insufficient to Support Spending;  Hotel Metrics Still Sliding
August 5 BEST OF MOMENTUM Consumer Spending Highlights
August 1 The Consumer Says "NO!" Employment Data Revised & Shrinking;  Real Spending In Trouble;  Recent Events Trigger Employment Fears;  Keep Watching Home Price Inflation;  Attempts To Raise PricesHit Wall  


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