Americans expect to spend more in 2019. The New York Federal Reserve said today consumers expect to spend more on clothing, housing and transportation than they did last year. This is another sign that the Trump economy is still going strong. If Americans start thinking they have to cut-back, then we know we have a problem.
24/7 News Source reports that data from the latest Survey of Consumer Expectations shows households expect to shell out a half-percent more to cover the basics this year.
As we move into the 2020 Presidential campaign, watch what American consumers are thinking.Many Americans vote with their wallets.