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Consumers have been helped by relief at the pump, where the average cost of a gallon of regular is $3.10, down from $3.31 a month ago (“Gas prices sleighing it,” AAA declared last week). In ...
U.S. Forecast includes analysis and predictions on GDP, consumer spending, government spending, investments, net exports and unemployment. [6] Forecast information has been featured in the USA Today Survey of Top Economists, Livingston Survey, Survey of Professional Forecasters , Reuters , and Bloomberg monthly surveys. [ 5 ]
It peaks as children leave home and then slows during the last 15 years of working life (48–63). According to Dent, the decreased spending patterns of the current generation of U.S. baby boomers entering retirement will cause a pronounced downturn in the greater macroeconomy and an associated decline in the value of financial markets.
Respondents predicted their incomes would rise 2.9% in August, the lowest reading since the summer of 2021, according to the New York Fed’s Consumer Sentiment Survey for August.
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
Fannie Mae forecasts a nearly 5% price appreciation by the end of 2024. NAR predicts the year-end median price on existing homes will hit $393,000, up from $387,000 in 2023.
Consumer Sentiment Index 1952 - 2022. The University of Michigan Consumer Sentiment Index is a consumer confidence index published monthly by the University of Michigan. The index is normalized to have a value of 100 in the first quarter of 1966. [1] Each month at least 500 telephone interviews are conducted of a contiguous United States sample ...
Blue Chip Economic Indicators is a monthly survey and associated publication by Wolters Kluwer collecting macroeconomic forecasts related to the economy of the United States. [1] The survey polls America's top business economists, collecting their forecasts of U.S. economic growth, inflation, interest rates, and a host of other critical ...