Friday, May 26, 2023

April Income Steady; Personal Spending Surges In April Compared To March -- May 26, 2023

Locator: 44762ECON.

Several big stories on economy today. This was one of them. Link here. 

Previously posted:


Lesson learned (again):

  • analysts think like CPAs;
  • analysts need to think like sociologists.

Reminder:

  • spending is measured in dollars, not in number of widgets sold.
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