Chart of the Week: 4 Key Recession Indicators [View article]
The rather simplified question suggested by this data puzzle is whether retail sales and industrial production will pull incomes and employment up or whether weak employment and income trends will drag down retail sales and industrial production. ______________________... Over the long run incomes and employment will drive retail sales and production, though it is an interesting question. What the data is revealing is a combination of our structural weaknesses, horrible economic policies and recovery from a balance sheet correction as opposed to a inventory correction.
Chart of the Week: 4 Key Recession Indicators [View article]
______________________...
Over the long run incomes and employment will drive retail sales and production, though it is an interesting question. What the data is revealing is a combination of our structural weaknesses, horrible economic policies and recovery from a balance sheet correction as opposed to a inventory correction.