Relevant:
- As Fed Blows Bubbles, US Consumers Fall Further Behind, Where's the Trickle, Ben?
- Q3 GDP Beats At 2.9% On Rise In Inventory, Exports; Weak Consumption And Investment Below Surface
- If Everything's So Awesome, Why Did US Construction Spending Growth Just Collapse To Its Worst Since 2011?
- Our consumer economy
- Expert: US ‘Is Barely Growing' as GDP Slows to 1.5% on Weak Consumer Spending
2015-12-19 — businesscycle.com
``in reality, consumer spending has been slowing steadily. As the chart shows, year-over-year (yoy) real personal consumption expenditures (PCE) growth is in a cyclical downturn and has now dropped to a 15-month low (thick blue line). The sources of this growing weakness are telling.''
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