New Deal democrats Weekly Indicators for September 22 – 26

NDd’s Weekly Indicators for September 22 – 26

 – by New Deal democrat

My “Weekly Indicators” post is up at Seeking Alpha.

Not much change this week, but there are signs that consumer spending is beginning to cool off again. U of M adds to NDd’s comment:

“Weakening consumer views of labor markets are not necessarily a problem for consumer spending if they do not expect to be personally affected,” Hsu said. “But in fact, responses to multiple survey questions all show that the financial outlook for consumers has deteriorated as well. These trends suggest that, for many consumers, robust spending will be difficult to maintain going forward.”

As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and reward me with a penny or two for my efforts in collecting and organizing it for you.