Consumers and the Economic Outlook: Quarterly Update - US - July 2017
"As of June 2017, the economy is still improving, wages are slowly rising, and unemployment numbers continue to fall. Consumer sentiment about their financial situation remains healthy, and most consumers don’t think their finances will change (or increase) that significantly. Parents overall are somewhat more optimistic about the financial future, with mothers a bit more hesitant than fathers. Geography continues to play a role in economic outlook, and we expect to see this trend continue as time goes on. Spending behaviors have remained consistent from quarter to quarter, while changing seasons have affected travel and home renovation plans for the summer months. "
- Jennifer White Boehm, Associate Director - Financial Services
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