Federal Reserve Bank of New York: Consumer Expectations About Household Finances Weaken
November 10, 2020
November 10, 2020
NEW YORK, Nov. 10 -- The Federal Reserve Bank of New York issued the following news release:
The Federal Reserve Bank of New York's Center for Microeconomic Data released the October 2020 Survey of Consumer Expectations, which shows a decline in income and spending growth expectations. Changes in labor market expectations were mixed showing declines in both average job loss and job finding expectations. Median inflation expectations declined at the short-term horizon, while remainin . . .
The Federal Reserve Bank of New York's Center for Microeconomic Data released the October 2020 Survey of Consumer Expectations, which shows a decline in income and spending growth expectations. Changes in labor market expectations were mixed showing declines in both average job loss and job finding expectations. Median inflation expectations declined at the short-term horizon, while remainin . . .