Heterodox
Despite a few soft spots, consumer income and spending continued to power ahead in October – by New Deal democrat The monthly personal income and spending report is along with the jobs report, one of the two most important coincident metrics for the entire economy, because it is a fairly comprehensive look at the consumer sector. In October both nominal and real personal income and spending increased 0.2%. Since the beginning of the...
Read More »Consumer income and spending continued to power ahead in October
