With unemployment so high and concerns about the coronavirus spread, we likely won't see a rebound in consumer spending anytime soon.
As states relax lockdown rules, consumers may start to feel better about the current situation. The future might take longer.
Demand will come back after the coronavirus pandemic subsides, but how much demand? And for what?
Consumer confidence has fallen back to approximately the level at the start of 2020.
U.S. financial markets plunged Monday on growing fears of the disease. Consumers have not shown concern, but that could change.
Capital goods orders in December dropped the most in eight months.
The Conference Board’s Consumer Confidence Index has fallen for the fourth straight month, but what does that really mean?
They're willing to spend because they expect to be earning more next year.