Re-Posting.
Locator: 46569ECON.
What's missing? Why are US consumers so resilient? I argue that it is has to do with America's free market capitalism.
Updates
Later, 7:07 p.m. CT:
Original Post
1.9 / 2.4
= 79.2%. I don't know to what extent house sales, mortgages, rental
payments contribute to "consumer spending." My hunch: house sales /
mortgages and rental. payments were pretty flat q/q.
Consumer resilience:
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19
Charlie Pride
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