why the consumer index collapsed

[jpinpb]

And add no more HELOCs to supplement their incomes.

[CA renter]

[quote]

patb wrote:
its very easy.

this month 2.5 million pwople lost their unemployment
insurance.

I agree; that’s the main reason.[/quote]

[quote]
new
And add no more HELOCs to
Submitted by jpinpb on July 16, 2010 – 6:48pm.
And add no more HELOCs to supplement their incomes.[/quote]

Agree with both of these, and the stock market being lower, and housing sitting there after the govt cheese expired, and the fact that people are still getting pay cuts or are being hired again, but at much lower wages, and….

[CA renter]

[quote]

patb wrote:
its very easy.

this month 2.5 million pwople lost their unemployment
insurance.

I agree; that’s the main reason.[/quote]

[quote]
new
And add no more HELOCs to
Submitted by jpinpb on July 16, 2010 – 6:48pm.
And add no more HELOCs to supplement their incomes.[/quote]

Agree with both of these, and the stock market being lower, and housing sitting there after the govt cheese expired, and the fact that people are still getting pay cuts or are being hired again, but at much lower wages, and….

[CA renter]

[quote]

patb wrote:
its very easy.

this month 2.5 million pwople lost their unemployment
insurance.

I agree; that’s the main reason.[/quote]

[quote]
new
And add no more HELOCs to
Submitted by jpinpb on July 16, 2010 – 6:48pm.
And add no more HELOCs to supplement their incomes.[/quote]

Agree with both of these, and the stock market being lower, and housing sitting there after the govt cheese expired, and the fact that people are still getting pay cuts or are being hired again, but at much lower wages, and….

[CA renter]

[quote]

patb wrote:
its very easy.

this month 2.5 million pwople lost their unemployment
insurance.

I agree; that’s the main reason.[/quote]

[quote]
new
And add no more HELOCs to
Submitted by jpinpb on July 16, 2010 – 6:48pm.
And add no more HELOCs to supplement their incomes.[/quote]

Agree with both of these, and the stock market being lower, and housing sitting there after the govt cheese expired, and the fact that people are still getting pay cuts or are being hired again, but at much lower wages, and….

[CA renter]

[quote]

patb wrote:
its very easy.

this month 2.5 million pwople lost their unemployment
insurance.

I agree; that’s the main reason.[/quote]

[quote]
new
And add no more HELOCs to
Submitted by jpinpb on July 16, 2010 – 6:48pm.
And add no more HELOCs to supplement their incomes.[/quote]

Agree with both of these, and the stock market being lower, and housing sitting there after the govt cheese expired, and the fact that people are still getting pay cuts or are being hired again, but at much lower wages, and….

[patientrenter]

Over the last 12 months (from June 2009 through June 2010), the CPI-U has increased by 1.05%.

It decreased by 0.1% last month (from May 2010 to June 2010). Over the last 12 months, the CPI-U has increased in 9 months, and decreased in just 3 – July 2009, December 2009, and June 2010.

There is no collapse in the CPI. In fact, it is still clearly going up more than it is going down.

[patientrenter]

Over the last 12 months (from June 2009 through June 2010), the CPI-U has increased by 1.05%.

It decreased by 0.1% last month (from May 2010 to June 2010). Over the last 12 months, the CPI-U has increased in 9 months, and decreased in just 3 – July 2009, December 2009, and June 2010.

There is no collapse in the CPI. In fact, it is still clearly going up more than it is going down.

[patientrenter]

Over the last 12 months (from June 2009 through June 2010), the CPI-U has increased by 1.05%.

It decreased by 0.1% last month (from May 2010 to June 2010). Over the last 12 months, the CPI-U has increased in 9 months, and decreased in just 3 – July 2009, December 2009, and June 2010.

There is no collapse in the CPI. In fact, it is still clearly going up more than it is going down.

[patientrenter]

Over the last 12 months (from June 2009 through June 2010), the CPI-U has increased by 1.05%.

It decreased by 0.1% last month (from May 2010 to June 2010). Over the last 12 months, the CPI-U has increased in 9 months, and decreased in just 3 – July 2009, December 2009, and June 2010.

There is no collapse in the CPI. In fact, it is still clearly going up more than it is going down.

[patientrenter]

Over the last 12 months (from June 2009 through June 2010), the CPI-U has increased by 1.05%.

It decreased by 0.1% last month (from May 2010 to June 2010). Over the last 12 months, the CPI-U has increased in 9 months, and decreased in just 3 – July 2009, December 2009, and June 2010.

There is no collapse in the CPI. In fact, it is still clearly going up more than it is going down.

[barnaby33]

When I read through this thread I realized i didn’t really know what the Consumer Confidence Index was, or how it was constructed. I’ve linked to it. It seems that the relatively small sample size makes any one months number suspect and that perhaps the suggestion of giving more weight tot he moving average would be better.

I’m a big believer in the reality that we never got out of recession, so for me there is no sense in trying to parse the tea leaves to know when we go back in. That being said, its hard to believe that consumer confidence is as high as it has been, considering unemployment really hasn’t gone down at all. To me its no surprise that confidence numbers are decreasing now that ever more are falling off the back of the bus.
Josh

[barnaby33]

When I read through this thread I realized i didn’t really know what the Consumer Confidence Index was, or how it was constructed. I’ve linked to it. It seems that the relatively small sample size makes any one months number suspect and that perhaps the suggestion of giving more weight tot he moving average would be better.

I’m a big believer in the reality that we never got out of recession, so for me there is no sense in trying to parse the tea leaves to know when we go back in. That being said, its hard to believe that consumer confidence is as high as it has been, considering unemployment really hasn’t gone down at all. To me its no surprise that confidence numbers are decreasing now that ever more are falling off the back of the bus.
Josh

[barnaby33]

When I read through this thread I realized i didn’t really know what the Consumer Confidence Index was, or how it was constructed. I’ve linked to it. It seems that the relatively small sample size makes any one months number suspect and that perhaps the suggestion of giving more weight tot he moving average would be better.

I’m a big believer in the reality that we never got out of recession, so for me there is no sense in trying to parse the tea leaves to know when we go back in. That being said, its hard to believe that consumer confidence is as high as it has been, considering unemployment really hasn’t gone down at all. To me its no surprise that confidence numbers are decreasing now that ever more are falling off the back of the bus.
Josh

[barnaby33]

When I read through this thread I realized i didn’t really know what the Consumer Confidence Index was, or how it was constructed. I’ve linked to it. It seems that the relatively small sample size makes any one months number suspect and that perhaps the suggestion of giving more weight tot he moving average would be better.

I’m a big believer in the reality that we never got out of recession, so for me there is no sense in trying to parse the tea leaves to know when we go back in. That being said, its hard to believe that consumer confidence is as high as it has been, considering unemployment really hasn’t gone down at all. To me its no surprise that confidence numbers are decreasing now that ever more are falling off the back of the bus.
Josh

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