Personal Consumption Expenditure in the US is still
by far the largest motor in the World Economy.

US Consumer Non-durables Index is the leading indicator for this motor!

Our next report will be mailed to our subcribers at 1400 hours GMT on February 22 2012

Posted November 25^th January 2012 by Jorn Thulstrup

Consumer Demand Indices fairly stable but still significantly below pre-crisis levels!

Demand for durables is still significantly below pre crisis levels. The index for non-durables is stable, but in negative territory as one third of US households intend to purchase less clothing and footwear in the next three months. The upswing, in the US households’ consumption expenditure, which our indices correctly forecasted from June to November, last year, is fading. The change is not dramatic, but the durable index is down from December and below January 2011. The non-durable index is marginally up but still in negative territory.

Data for the January survey was collected from January 18 -22.

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