Heterodox
A mixed picture on real personal income, savings, and spending in March, and real total sales in February – by New Deal democrat As I’ve indicated a number of times recently, right now I consider the report on personal income and spending co-equal to the employment report as the most important monthly data. For March, it was a mixed bag. Nominally, personal income rose 0.3%, and personal spending was unchanged. Because the applicable...
Read More »A mixed picture on real personal income, savings, and spending in March, and real total sales in February
