February 23, 2022 – Boyd Watterson

The year-over-year rate of change for consumer related economic data is going to get more difficult in the coming months, which should bring down the rate of change for overall economic growth.

February 23, 2022Rank Dawson, CFA, FDPWeekly Market Minute

The year-over-year comparison set for economic data, especially consumer related data, is going to become more challenging starting in the month of March. This is driven by a combination of weak data during 2020 leading to very high year-over-year growth in 2021 and fiscal stimulus boosting income and spending data. We think that the year-over-year...

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The year-over-year rate of change for consumer related economic data is going to get more difficult in the coming months, which should bring down the rate of change for overall economic growth.