3 ms·
Unemployment rate lags the economy, not leads. Meanwhile savings rate is dropping and consumer credit is hitting new highs
by hammock 4y ago
Unemployment rate lags the economy, not leads. Meanwhile savings rate is dropping and consumer credit is hitting new highs
- cma 4y agoWouldn't savings rate dropping in a low unemployment environment mean increased demand? I guess if it is just servicing higher interest debt demand could still be going down.
- deleted 4y ago[deleted]