The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages. The Index tracks consumer cash flow as an indicator of future consumer spending. “Low mortgage rates are doing little to spur home sales as banks [...]
Bolstered by a rise in home prices and a slight improvement in real wages, the Deloitte Consumer Spending Index rose in July for the first time since January. The Index tracks consumer cash flow as an indicator of future consumer spending. “The housing market is showing multiple signs of stabilizing and that is helping to [...]
The Deloitte Consumer Spending Index (the Index) declined in October, primarily due to softness in the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending. “Sustained weakness in housing prices and a tax rate that is creeping higher more than overcame significant improvement in initial jobless claims [...]
The Deloitte Consumer Spending Index (Index) experienced its third straight month of decline in July, due in large part to weakness in the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending. “Real home prices had briefly picked up due to demand fueled by tax credits for [...]