December 27, 2024 – Chief Economist and Managing Director, Jeanette Garretty appeared on Yahoo! Finance to discuss holiday retail sales. “The Trends seen in recent consumer spending patterns and the data that may serve as a ‘check engine light’ in 2024,” says Garretty. “There is very little… economic evidence that consumer sentiment directly feeds into those near-term spending patterns — it is really driven by income. Income is up.” Watch full clip here.
