Wednesday, 1 March 2017

Inflation-Adjusted Spending Declines Most Since September 2009: Stagflation Coming?

Inflation-Adjusted Spending Declines Most Since September 2009: Stagflation Coming?

mishtalk.com / Mike “Mish” Shedlock / March 1, 2017

Today’s Personal Income and Outlays report shows consumer spending rose less than economists predicted and far less than inflation. The result is a big decline in real spending. Economists surveyed by Econoday missed the mark once again.

Inflation is nearly at the Fed’s 2.0 percent

March 01, 2017 at 03:20PM

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