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Consumers and the Economic Outlook - US - October 2018

Consumers and the Economic Outlook - US - October 2018

"The economy continues its slow and steady recovery, though economists are hesitant to say that it has officially recovered. While some consumers may be watching economic indicators, many are not, and even those who are may not see the direct effects on their daily lives. Overall, if consumers were already feeling confident in their financial situation, those positive feelings have continued. Geographic region has a slight effect on opinions about consumers’ financial situation, especially when thinking about how to increase one’s finances. Spending and savings plans have not changed in a significant way, even as these plans are shown to be influenced by seasons."

- Jennifer White Boehm, Associate Director - Financial Services

TOC available on request

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