16 March 2026 US Monitor Consumers look less resilient going into the energy price squeeze
12th Mar 2026 18:20USWeekly Monitor
- January was the fifth straight month of sub-0.3% gains in real consumption; the worst since 2012.
- Oil prices will squeeze real incomes by 11/4% if they are sustained at $100, or 1/2% if they follow futures.
- Households lack the balance sheet strength to brush this aside; spending will grow only modestly.
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