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Wednesday, June 3, 2015

Consumer sentiment remains strong in Virginia

My latest consumer sentiment and inflation expectations report came out two days ago. You can find the report here. Things are particularly strong in Southwest Virginia and the Tidewater. Southwest VA has apparently absorbed the departure announcements from Norfolk Southern and USPS, while the Tidewater is looking beyond the effects of sequestration.

Consumer sentiment values (y-axis) by region; current value=orange dash,
 regional average=blue dot, standard deviation=black line.

I am thankful for the interviews by WVTF, WFIR, and the Roanoke Times on the current release. You can listen to the WFIR interview here.

Feeling optimistic,


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