Economic Thought

CindyShnaider_CFFP

With the recent emphasis on exports, did you know that about one-third of U.S. exports are services (as opposed to goods) which are not affected by tariffs? Likewise, while the Consumer Confidence index, put out by the Conference Board, notes some disappointment in U.S. consumers purchasing goods, consumers are still bullish for services, though changed from movies and other entertainment to more spent on travel and outdoor activities services (https://www.conference-board.org/topics/consumer-confidence).