Consumer Mood Good but Concerns Evolving; Cost of Living Less Favorable Than it Looks on the Surface; Lodging Occupancy Falling but Rates Still High; Total Housing Affordability Masks Significant Differences by Age/Demography; For Example, the Debt Laden 35-44 Age Group Sees Huge Drop in Homeownership; Yet They Are the Group to Watch
2Q Off to Good Start With Employment Rising; Employment Expectations Better, as are Wages & Benefits & Consumer Income; Credit Gains are Modest but In Good Areas; 1Q Credit Card Accounts Rise but Balances Drop - Looks Seasonal; Exports, Inventory Build Problems for GDP
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