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Consumer spending is continuing to steadily grow.[0] [0] https://fred.stlouisfed.org/series/PCEC96 https://fred.stlouisfed.org/series/PCEC96
by wbsss4412 4y ago
Consumer spending is continuing to steadily grow.[0]
[0] https://fred.stlouisfed.org/series/PCEC96 https://fred.stlouisfed.org/series/PCEC96
- lljk_kennedy 4y agoThat seems to stop showing any data later than Mar 2022?
- wbsss4412 4y agoThat’s true, it doesn’t capture data from the last two months. The trends in market valuations have been consistent for several months now though, going back into last year. Whereas any collapse in consumer spending has yet to manifest itself for any longer than a month and a half.
- datalopers 4y agoLook at volumes, not just $. Volumes are down Y/Y while $ is just slightly positive due to inflation. Or just look at Target’s Q1 results and guidance from last week.
- wbsss4412 4y agoThe chart I linked is inflation adjusted.