NUMERATOR ECONOMIC RESEARCH

A deeper view into shifting economic conditions and the impact on consumer behavior.

Get the Latest Economic Research from Numerator

Retail Spending by Household Income
State of the US Consumer Update
GLP-1 Consumer Research

Meet Numerator's Chief Economist

Leo Feler, Ph.D.

As Chief Economist at Numerator, Dr. Leo Feler directs Numerator’s economic research and regularly briefs c-suite executives of Fortune 500 companies on the state of the US economy and its impact on consumers. Dr. Feler’s research focuses on understanding how consumers react to changing economic conditions, how consumers perceive the economy, and how their perceptions often differ from reality, using Numerator’s representative panel of 150,000 US households to track what consumers say and do in real-time.

In addition to his role at Numerator, Dr. Feler is a Visiting Economist at the Federal Reserve Bank of Chicago where he works with a team of economists to nowcast retail sales and inflation using Numerator data. He is featured regularly in popular media such as The New York Times, Wall Street Journal, Washington Post, and CBS News, and also provides CPG and retail insights to the financial services industry through a quarterly webinar series with RBC’s Nik Modi.

As seen in...

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JANUARY 2025
Harvard Business Review

Research: What Explains the “Vibecession”?

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June 2024
PBS News

The many ways new weight loss drugs could transform the economy

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OCTOBER 2023
Wall Street Journal
Household Net Worth Surged After the Pandemic Hit

Inquire about speaking engagements

  • The current state of the US consumer and US economy
  • Generational consumer behavior and preferences
  • Immigration trends and impacts on the consumer goods industry
  • Emerging brands: why some brands take off and others don’t
  • GLP-1 drug use and spending impact
  • Potential impact of policy changes on consumer behavior

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