Friday, January 31, 2014

Comparing personal consumption expenditures with real retail sales: an update


 - by New Deal democrat

A couple of years ago I wrote a few posts describing how, if you compare PCE's with real retail sales, you get a good idea where you are in the economic cycle.  I've published an update over at XE.com, and also updated my look at real per capita retail sales, which are a short leading indicator.