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Consumer Sector
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FAX ARCHIVE   June 2021
Date  Subject Descriptive Information
June 14 A PANDEMIC BRINGS A DIFFERENT KIND OF RECOVERY THAN A RECESSION Consumer Borrowing resumes; Debt Payments Rise, but Cushioned by Pandemic Support; Energy & Debt Eating Into Stimulus Cash; Wealth NOT In Short Supply; Moods Still Hesitant; Housing Shortage? 
June 7 GETTING BACK TO WHERE WE WERE Leisure, Trade Lead Job Rebound; Hourly Earnings rising Rapidly; Young Workers dominate; 2Q Wage growth Estimated +10%; Services Lead Mood Rebound; What Will Consumer Response Be To Higher Prices?
June 1 MAYBE WE SHOULDN'T CALL THIS A RECESSION Real Spending Slowing; Services Growing but Slowing; $$ Spending Boosted by Higher Prices; Dollars Diverted to Energy; Sales Grew, Confounding Recession Expectations; Gov't Assistance Bountiful, Needs Not


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