Saturday, January 21, 2017

Weekly Indicators for January 16 - 20 at

 - by New Deal democrat

My Weekly Indicators post is up at

Consumer spending measures have really softened. Two of the three I track are almost certainly affected by online purchases vs. brick and mortar.  But not Gallup's poll of consumers, which also has turned soft. It's at least a valid concern whether this is a reflection of gas prices finally affecting real wage growth enough to begin to bite.