✉news BusinessEconomy first seen 5 h ago, last 53 min ago, peak #7
Consumers Gloomy on Economy but Still Spending Freely
Original: If Consumers Are So Down on the Economy, Why Are They Spending So Freely?
Barron's examines a puzzle in the US economy: consumer sentiment surveys remain downbeat, yet households continue to spend briskly. Analysts are weighing why pessimism about prices, jobs and the broader economy has not translated into weaker retail activity, with explanations ranging from resilient wages and wealth effects to a gap between how people feel and how they behave.
Why now: The mismatch between weak consumer confidence data and robust spending is puzzling economists and markets watching for a slowdown.
Barron'sUS consumersUS economy
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Evidence
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