Jill Schlesinger, CBS News business analyst, on why consumers feel miserable but keep spending anyway episode artwork

EPISODE · Apr 27, 2026 · 7 MIN

Jill Schlesinger, CBS News business analyst, on why consumers feel miserable but keep spending anyway

from WPTF Morning News

Jill Schlesinger of JillOnMoney.com joins Lisa Price to explain why consumer sentiment has hit record lows while retail spending remains surprisingly strong, and what rising wages and household net worth have to do with it. Schlesinger also previews a busy week on the economic calendar, including the Federal Reserve's policy meeting Wednesday, Thursday's first estimate of first quarter GDP growth and a key inflation reading from the Personal Consumption Expenditures index.

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Jill Schlesinger, CBS News business analyst, on why consumers feel miserable but keep spending anyway

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