Pantheon Macroeconomics - The underlying U.S. consumer story, hidden behind a good deal of recent noise, is that the rate of growth of spending is reverting to the trend in place before last year's tax cuts temporarily boosted people's cashflow.

U.S. | 1 April 2019 Recent Retail Sales Data Make Little Sense, Noise is Swamping the Signal
The underlying U.S. consumer story, hidden behind a good deal of recent noise, is that the rate of growth of spending is reverting to the trend in place before last year's tax cuts temporarily boosted people's cashflow.

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1 April 2019 Recent Retail Sales Data Make Little Sense, Noise is Swamping the Signal

By Ian Shepherdson

The underlying U.S. consumer story, hidden behind a good deal of recent noise, is that the rate of growth of spending is reverting to the trend in place before last year's tax cuts temporarily boosted people's cashflow.

Posted: 1st Apr 2019 in 'U.S.'

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