Wage and spending are strong in the West, likely boosted by AI investment and tourism, but headwinds may weigh on future growth. 

Has housing supply responded to population shifts across the U.S., especially in regions with an influx of younger generations?

From domestic tourism to cruising, there is considerable strength in travel spending with summer travel plans taking flight.

Falling sticker prices are increasingly attractive to consumers, but rising total costs of ownership may be offsetting the appeal.

BNPL (buy now, pay later) momentum is losing steam, but there is some increase in the share of heavy users.

Gig work has recovered since last year, driven by ridesharing, with a notable increase in full time gig workers.

Healthcare employment is below trend but easing small business spending on contract labor suggests less hiring pressure.

Growing up is expensive. Housing, cars, childcare and more are weighing on the young, but not at the expense of a rainy day fund.

While the Midwest’s GDP has lagged other regions, our data suggests a recent uptick supported by a solid labor market.

Spending softened in March, but continued wage growth, tax refunds, and easing rent inflation should support consumer momentum.