Ankura Monthly Economic Indicators Overview - December 2023

Ankura
Contact

November marked a pivotal turn in consumer sentiment, which surged by 13%, erasing four consecutive months of decline. The increase was primarily fueled by optimism surrounding U.S. inflation improvements and sets a promising stage for retailers approaching the year's end. With Gross Domestic Product (GDP) up 5.2% in Q3, propelled notably by heightened consumer spending, and unemployment persisting below 4%, the rise in retail sales—5.2% higher than the previous year—could be a prelude to a strong finish in holiday shopping.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Ankura
Contact
more
less

Ankura on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide