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BREAKING: Texas Gives MASSIVE Warning Of Consumer Behavior

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Manage episode 486415573 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Texas Just Sent a Warning Shot to the Rest of the U.S. Economy

Consumer spending in Texas has collapsed, and the data from the Dallas Fed is worse than anyone expected. Retail sales activity fell off a cliff in May, hitting levels not seen since April 2020. Inventories are piling up, work hours are being slashed, and employers are cutting back.

Is this just a Texas problem… or is it the first sign of a nationwide consumer retrenchment?

In this video, we break down the shocking data, why it matters, and how it could ripple across the entire U.S. economy in the months ahead.

If the U.S. consumer breaks, it’s game over.

Eurodollar University's conversation w/Steve Van Metre

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

1099 episodes

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iconShare
 
Manage episode 486415573 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Texas Just Sent a Warning Shot to the Rest of the U.S. Economy

Consumer spending in Texas has collapsed, and the data from the Dallas Fed is worse than anyone expected. Retail sales activity fell off a cliff in May, hitting levels not seen since April 2020. Inventories are piling up, work hours are being slashed, and employers are cutting back.

Is this just a Texas problem… or is it the first sign of a nationwide consumer retrenchment?

In this video, we break down the shocking data, why it matters, and how it could ripple across the entire U.S. economy in the months ahead.

If the U.S. consumer breaks, it’s game over.

Eurodollar University's conversation w/Steve Van Metre

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

1099 episodes

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