Consumer spending was up in January and consumer confidence is also high. Dr. Perryman explains how this is helpful.
September consumer spending showed its biggest monthly gain in 8 years. Dr. Perryman says the numbers need to be tempered because of the hurricanes.
Retailers say one of the biggest reasons for a slowdown in consumer spending has to do with changes in immigration policy. Dr. Perryman says Hispanics are simply holding on to their money.