Consumers face challenges in the second half of the year, including tighter credit and a weaker job market
Supply chain issues, wage costs keep food prices high, even as inputs fall
February retail sales down 0.2% overall, clothing and accessories up 4.4%
TD predicts significant consumer spending slowdown after Q2
Preliminary estimates for January suggest consumers continued spending in the new year
Mortgage debt growth slowed in 2022, credit card debt accelerated
Better than expected, new auto sales still increasing
Data from the bank's customers suggest strong Q4 retail sales
Auto, gas, department store sales down
Figures for November indicated weaker spending on goods despite Black Friday sales