Consumer confidence is up but retail spending is down. Interesting paradox. People who don't have money to spend are optimistic, but people who do have money to spend are pessimistic? I'm thinking it's all about Trump. But whether optimistic or pessimistic, I think as retail sales go, so does the rest of the economy.Sacramento area community musical theater (esp. DMTC in Davis, 2000-2020); Liberal politics; Meteorology; "Breaking Bad," "Better Call Saul," and Albuquerque movie filming locations; New Mexico and California arcana, and general weirdness.
Sunday, April 16, 2017
Consumer Confidence is Up but Retail Spending is Down
Consumer confidence is up but retail spending is down. Interesting paradox. People who don't have money to spend are optimistic, but people who do have money to spend are pessimistic? I'm thinking it's all about Trump. But whether optimistic or pessimistic, I think as retail sales go, so does the rest of the economy.
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