4 ms·
A couple of interesting graphs: Personal spending is up relative to GDP: https://fred.stlouisfed.org/graph/?g=1DWC7 https://fred.stlouisfed.org/graph/?g=1DWC7
by sxyuan 2y ago
A couple of interesting graphs:
Personal spending is up relative to GDP: https://fred.stlouisfed.org/graph/?g=1DWC7 https://fred.stlouisfed.org/graph/?g=1DWC7
Household net worth is up relative to GDP: https://fred.stlouisfed.org/graph/?g=1DWCd https://fred.stlouisfed.org/graph/?g=1DWCd
This might be chalked up to population growth, but then again so could increased GDP or government spending.