Three Must-See Charts on U.S. Consumers

The video discusses trends in restaurant sales, highlighting a decline from a previous boom due to low gas prices. It explores consumer behavior, noting a shift towards eating at home as grocery prices fall. The University of Michigan survey reveals low income growth expectations, impacting consumer spending. Despite wage growth, consumer outlook remains pessimistic. The video concludes with an analysis of consumer financial conditions, showing a structural decline in future optimism.

What was one of the main reasons for the decline in restaurant sales growth?

• Election impact

• Higher inflation at home

• Decrease in grocery prices

• Increase in gas prices

According to the University of Michigan survey, what percentage of consumers expect their income to increase in the next year?

• Below 50%

• Exactly 50%

• Around 50%

• Above 60%

What is the current trend in wage growth according to the discussion?

• Wages are growing slowly

• Wages are growing at the fastest pace of the cycle

• Wages are declining

• Wages are stagnant

How do consumers feel about their financial conditions compared to a year ago?

• Most feel the same

• Most feel worse off

• Most feel better off

• Most are uncertain

What does the structural decline in future expectations suggest about consumer optimism?

• It is unpredictable

• It is stable

• It is increasing

• It is declining