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Stock impact report

Will Consumers Be Able to Rescue the Economy Again? [Yahoo! Finance]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
Company Research Source: Yahoo! Finance
Many economists have raised concerns that poor sentiment could slow consumer spending, hindering economic growth. However, the last time consumers felt this bad about the economy, their appetite for spending helped keep the economy out of recession, mainly due to a strong labor market. Consumers may have doubts about the economy's future, but that hasn't stopped them from spending so far—a habit that could prevent a recession. Consumer sentiment fell for the fourth consecutive month in April . The declines reflect uncertainty surrounding President Donald Trump's tariff policies and whether they will drive up prices across the economy. Some forecasters are worried that the sour mood could translate to a sustained slowdown in spending and send the economy into a recession “How consumers act in these next couple of months will be telling,” wrote Wells Fargo economists Tim Quinlan and Shannon Grein. “Consumer optimism has slid amid tariff-related pricing concerns, but one of the Show less Read more
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