Consumer Confidence Continues To Wilt; Consumer Consumption Patterns Shift

From Forbes on June 1, 2016:

Prosper’s Consumer Confidence reading is down and the Consumer Spending Forecast is flat. Deborah Weinswig, Managing Director of Fung Global Retail & Technology, provides analysis on why sentiment is soft, as well as where consumer discretionary dollars may be going this summer. She also weighs in on a potential bright spot—the auto market. Continue reading…