Tag: Consumption

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Will Family Wealth Be a Tailwind to Consumption in 2024Q3?

Right here’s an image of family web value, in each nominal and actual phrases, with my nowcasts for Q3. Determine 1: Family web value (blue),...

Are You Higher Off than You Have been 4 Years In the past – Market Based mostly PCE Deflated Consumption

Reader Bruce Corridor disparages the usage of the PCE deflator for deflating…PCE (Private Consumption Expenditures) from the NIPA. OK, it’s true that the PCE...