Why the Consumer Confidence Engine Is Sputtering

What this episode covers

Despite a still-strong labor market, retail purchases have fallen in three of the past four months, and sales of autos and existing homes have fallen to their lowest levels in several years. WSJ economics reporter Harriet Torry joins host J.R. Whalen to discuss the substantial dropoff in consumer spending, and whether it likely means a recession is imminent. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of WSJ Your Money Matters?

This episode is 10 minutes long.

When was this WSJ Your Money Matters episode published?

This episode was published on January 31, 2023.

What is this episode about?

Despite a still-strong labor market, retail purchases have fallen in three of the past four months, and sales of autos and existing homes have fallen to their lowest levels in several years. WSJ economics reporter Harriet Torry joins host J.R....

Can I download this WSJ Your Money Matters episode?

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