Economic Rollercoaster: Some Days Good, Others Not So Good

Written by Steven Hansen This is the time of the month that Econintersect begins to prepare their economic forecast for August 2012.  Sitting here working on the forecast and listening to CNBC in the background  – the images in my head are one of an economic roller coaster with an abyss in the distance. This …

Cliffs, Nightmares, and Hidden Consumer Taxes

Written by Steven Hansen While watching Chairman Bernanke weave and bob in front of Congress this past week, I started to ponder what he said: The U.S. economy has continued to recover, but economic activity appears to have decelerated somewhat during the first half of this year. After rising at an annual rate of 2-1/2 …

Are Price Increases Killing Consumption?

Written by Steven Hansen Based on comments on my last post, that there are misconceptions about consumer spending patterns and the effects of price increases.  Consider several potential effects caused by price increases: A consumer can do without.  No vacation, no private school, no newspaper, or no medical insurance.

Joe Sixpack May Be Returning to Consumption Trough

Written by John Lounsbury and Steven Hansen The New York Times this week posted Consumers Unlikely to Rekindle the Recovery.  To “prove” their point they presented three nasty but unfortunately correct graphics.