Unemployment in the U.S. is really low. So are gasoline prices. Inflation is basically nonexistent. Home values continue to rise. There are legitimate wage gains. The stock market is up for the year and close to an all-time high. All this has pushed one measure of consumer confidence to the highest level in about a decade.
“Every metric related to the consumer is healthier now than it was the past couple years,” said John Kernan, an analyst for Cowen & Co. “The consumer is in a very good position right now.”
Just don't try to tell the good news to executives at some of the oldest and biggest U.S. retail chains.
Submitted February 23, 2017 at 08:53AM by MasterCookSwag http://ift.tt/2lunBec
