3 Pillars of Consumer Spending and the Recession

U.S. Economic Outlook Report: May 2023

In the May U.S. Economic Outlook report, Principal Economist and Director of Analytics, Danielle Marceau, dives into the impact of consumer spending on the U.S. economy.

Why does consumer spending matter? As the driving force behind two-thirds of all economic activity, a deeper analysis of consumer spending trends provides valuable insights into U.S. economic health and trajectory.

This report examines the three pillars of consumer behavior, providing a comprehensive understanding of how each impacts economic activity to come including:

The report includes the following:

  • Consumer employment
  • Consumer confidence
  • Consumer income

Download the report to learn more.

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