Deborah Weinswig, Managing Director, FGRT, weighs in on consumer confidence, spending forecast, and Prosper’s Impulsivity Score. • Prosper Consumer Confidence: In September, economic sentiment confidence slides for the third month in a row. • Prosper Consumer Spending Forecast: At 83.1 the September Consumer Spending Forecast is down from last month (84.6) and flat versus last year (83.0). The spending forecast on discretionary items among Millennials declined a substantial 9.5%, offset by a 3% lift in the forecast for Boomers. For GenX, the spending forecast trends are the most stable, down 3.3% year-over year, and flat year-over-year for Gen X discretionary spending.

Source: Forbes September 28, 2017 14:37 UTC