Today, the Associated Press reported that consumer spending did not increase in May which means that although we had two straight months of improving household income, consumers are still worried about the economy. Our spending is falling into a pattern that reflects an earlier period (pre 1990s) when fear about job security was more prevalent. Added to that problem is the hangover from record household debt and we have what I like to call the Zombie Consumer! Consumers are too worried about the future to spend: they are the walking dead of consumers.As long as most of our consumers are Zombie Consumers, our economy will not grow at a rapid enough pace to decrease the unemployment numbers. So, we may have to wait for the housing sector to improve which probably will take a few years. For this reason, we can expect low interest rates throughout the rest of 2011.The real issue for our economy may be what happens in Greece and the Middle East, and we have little control over those factors.