Wednesday, March 07, 2012

Is The Consumer's Financial Condition About To Worsen?

The consumer is the one important key to economic growth as they account for nearly 70% of GDP. Recent data does show consumer balance sheets have been improving based on the Fed's Financial Obligation Ratio.

From The Blog of HORAN Capital Advisors

Even consumer loan charge offs at commercial banks continue to show significant improvement.

From The Blog of HORAN Capital Advisors

The water on the fire though is the fact consumer delinquencies have recently turned higher. Is this a precursor to a less robust consumer spending environment? The fact gasoline prices have been on the rise as well is likely to reduce the cash available to consumers for discretionary spending.

From The Blog of HORAN Capital Advisors


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