澳博官方网站app 研究所’s Local Consumer Commerce Index Shows a 3.6 Percent Increase in Consumer 支出 Growth
丹佛, 纽约, 圣地亚哥 and 底特律 experienced the fastest spending growth among 15 U.S. 城市分析.
丹佛, 纽约, 圣地亚哥 and 底特律 experienced the fastest spending growth among 15 U.S. 城市分析.
Today, the 澳博官方网站app 研究所 released its 本地消费商业指数(LCCI) for April 2017, which showed positive consumer spending growth in 13 of the 15 U.S. 城市分析. Overall, consumer spending increased by 3.6 percent between April 2016 and April 2017.
Following a trend that began in February, spending by consumers in all income groups and at 企业 of all sizes made positive contributions to overall growth in April 2017. Additionally, spending on non-durable goods contributed 1.2 percentage points to growth, a significant bump from the 0.3 percentage point drag on growth in March 2017.
Data visualization of the changes in local consumer spending growth over the last 24 months can be found online.
This report provides a timely view of how the following cities and surrounding metro areas are faring economically, both individually and in aggregate: Atlanta, 芝加哥, 哥伦布, Dallas-Ft. 价值, 丹佛, 底特律, 休斯顿, 迈阿密, 洛杉矶, 纽约, 凤凰城, 波特兰(或), 圣地亚哥, 旧金山, 和西雅图. 通过观察实际情况, 去识别金融交易, LCCI提供了一个持续的, dynamic view of the financial health of the U.S. consumer and the vibrancy of the places where 企业 operate.
"A month earlier we saw the highest year-over-year growth in local consumer commerce in over two years, 现在四月甚至更高了.” said Diana Farrell, President and CEO of the 澳博官方网站app 研究所. “4月份的增长是广泛的, with net positive contributions from spending by consumers of all ages and incomes, who increased their spending at 企业 of all sizes. Early signs for March and April are positive, but we will want to see a few more months of sustained momentum to ensure a recovery is underway in local consumer commerce."
Additional key highlights from the latest Index include:
- 纽约 grew the fastest of the large cities in April 2017, registering a 5.增长率2%. This is the highest growth rate for 纽约 since the 5.2014年5月的增长率为6%.
- On average, local spending among large cities increased by 3.7 percent in April 2017, a significant increase from the 2.2 percent average growth rate registered in March 2017.
- 底特律 grew the fastest of the mid-sized cities, registering a 4.8 percent growth rate in April 2017, a significant increase from the 2.7 percent growth it experienced in March 2017.
- 在较小的城市中,丹佛增长了10%.4 percent in April 2017, cooling off from the record high 15.8 percent growth rate it registered in March 2017.
- Only Atlanta 和西雅图 experienced negative growth rates. 支出 in Seattle and Atlanta dropped by 6 percent and 0.分别为2017年4月的1%.
The LCCI offers unique advantages over existing measures of consumer spending.
- LCCI捕获实际的事务, instead of self-reported measures of how consumers think they spend.
- The LCCI provides timely data on spending in 15 major metropolitan areas; such geographic 粒度 is unavailable in most other spending measures. These 15 cities mirror the geographic and economic 多样性 of larger metropolitan areas in the United States and account for 32 percent of retail sales nationwide.
- The LCCI also presents a more granular view of local consumer commerce through five important lenses: consumer age, 消费者收入, 业务规模, 产品类型, and consumer residence relative to the location of the business. For each lens, we show how different segments contributed to year-over-year spending growth.
- The LCCI captures economic activity in sectors that previously have not been well understood by other data sources. These include sectors such as food trucks, new merchants, and personal services.
Each release of the LCCI describes the economic picture of local communities and provides a powerful tool for city development officials, 企业, 投资者, and statistical agencies to better understand the everyday economic health of consumers, 企业, 以及他们关心的地方.
The 澳博官方网站app 研究所 is a think tank dedicated to delivering data-rich analyses and expert insights for the public good. Its aim is to help decision makers–policymakers, 企业, and nonprofit leaders–appreciate the scale, 粒度, 多样性, and interconnectedness of the global economic system and use timely data and thoughtful analysis to make more informed decisions that advance prosperity for all. 借鉴澳博官方网站app & Co.微软独有的专有数据, 专业知识, 市场准入, the 研究所 develops analyses and insights on the inner workings of the global economy, 框架关键问题, and convenes stakeholders and leading thinkers. 更多信息请访问: JP摩根追逐研究所.com.