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Inside the Economy: The Individual Consumer & Continued Recovery

By October 18, 2021October 19th, 2021No Comments

 

This week on “Inside the Economy”, we discuss the individual consumer and the ongoing recovery. We are continuing to see personal income rise, along with disposable income going to debt payments at all-time lows. Will this continue as we head into the winter months and 2022? We are seeing the fastest recovery in permanent job losses when compared to the last 2 recessions, continued housing price growth, and solid YTD returns in the equity markets. Why are there so many “We are Hiring” signs still on every block? Tune in to learn about all this and more!

Key Takeaways:

  • US GDP comes in at 6.7 YOY for the 2nd Quarter 2021
  • Crude Oil prices hit $80
  • Unemployment numbers continue to come down

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