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Consumer Sector
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FAX ARCHIVE   May 2024
Date  Subject Descriptive Information
May 31 BEST OF MOMENTUM Consumer Spending Highlights
May 28 DEBT AND SPENDING DEMOGRAPHICS Older Consumers' Spending ShareLarger Than Pre-financial Crisis;  95% of Mortgage Debt is Fixed Rate; Debt Burden is Higher In Younger Age Groups;  Only Those whoNeed Nothing have a Bright Spending Outlook;  Housing Lower in Revisions;  Maybe Immigration Expectations To High
May 20 THE CONSUMER SAYS "NO!" Retail Stalls;  Borrowing To Expensive;  Big Spenders & Elderly Boost 
Brrowing;  Late Credit Card Payments Rise;   What's Wrong With 2%  Inflation?;  Rent Growth to Slow
May 10 NO BOUNCE FOR THIS SPRING! Consumer Concerns Grow;  Less Borrowing = Slower Spending;  Credit Card Volume Slowing;  Slowing More Borrower than Lender Driven;  Even The Payroll Employment Series Sowing;  Is there more to Decline Mobility Than Mortgage Costs?
May 8 Best of Momentum Consumer Spending Highlights
May 3 WAKE UP, FED! Payroll Employment Joining Other Indicators; More Plans to 
Fire Than Hire;  Business Moods Sour. Demand Fils To Respond to Lower Prices;  No Boost From tax Refunds, Social Security; Home Prices to Fall


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