Personal Income increased 0.3% in February; Spending increased 0.8%
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From the BEA: Personal Income and Outlays for February:
*Personal income increased $66.5 billion (0.3 percent at a monthly rate) in
February*, according t...
1 hour ago
2 comments:
Very well said.
Thanks!
Doesn't look good from here.
That said, this upside down parabola trend must fail someday. There's no way we can ever drive fewer miles than zero. In the meantime, I think there's plenty of room to the downside (especially if we enter another recession soon).
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