maandag 14 oktober 2019

Umich Household Durables Good Time to Purchase Vs. Unemployment Rate

Umich Household Durables - Good Time to Purchase are correlated to the unemployment rate.

US consumers spend less on critical household purchases when their economic situation deteriorates; alternatively, the decision to reduce spending on key household products, which may come amid concerns for future income and wealth, creates a feedback loop which ultimately results in an economic contraction.


University of Michigan charts can be found here.


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