There have been signs of robust economic growth, but consumer concerns are rising ... along with the surge of the Delta variant of COVID-19.
Later this week we will learn how much consumers spent in June, and on what. But that might not be the best picture of what's going on now.
The economists say they expect employment to recover and that recent price spikes for some consumer goods should moderate.
Delaware Steel President Lisa Goldenberg talks soaring steel prices and the possibility of a Biden infrastructure bill.
Republicans are bumming and Democrats are buoyant after the Biden inauguration, according to Morning Consult, a reverse of the Trump years.
Ultimately, this money is a bridge until the virus is under control.
Even with the rollout of vaccinations and federal action on a relief package, many consumers are wary about the future.
As goes the U.S. consumer, so goes the U.S. economy.
Though rising stock and home values have helped older workers and retirees, they have less time to make up for financial losses.