情绪再度下滑，但美国消费者仍在支出

关键论点

• 消费者信心81.9历史上对应支出下降，但高收入家庭驱动消费，使这一关系减弱。
• 高收入家庭（前20%）持有70%财富，占消费40%-60%，使总体消费免受中位数家庭悲观情绪影响。
• 职位空缺降至707.9万，离职率维持1.9%，对应工资增长仅2.75%-3.00%，能源成本无二次通胀效应。
• 低招聘、低裁员经济使工人不离职，企业无加薪压力，实际收入受挤压，信心疲弱。

对应原文证据

1. The headline reading was weaker than every forecast in the survey and leaves sentiment at a 12-year low.
2. In terms of wealth concentration and how this influences sentiment and spending, we know from Federal Reserve figures that the top 20% of households by income hold 70% of household wealth.
3. Meanwhile, the bottom 60% of households by income, which obviously includes the median person, only hold 15% of the wealth of America.