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Aug 12 2020

U.S. Consumer Spending Growth Outlook

After its Covid-related collapse in March, the U.S. Leading Index of Consumer Spending staged a clear recovery, signaling “continued recuperation in consumer spending growth prospects.” This report updates our outlook for consumer spending, taking into account the recent surge in Covid cases and stimulus prospects.

Included in this report:

- Updated chart of ECRI's U.S. Leading Index of Consumer Spending

- Insights from high-frequency coincident data, with signs of what's to come

- Small business health and prospects

- A new angle on the employment outlook

- Sources of spending and impacts on the consumer

- Stimulus and consumer spending head fake

Review ECRI’s real-time track record.

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