« January U.S. Savings Rate to 5% | Main | U.S. Savings Over Time, the Interactive Edition »

Latest Stories

• Consumer Spending Silliness
• January U.S. Savings Rate to 5%
• Fishing Again
• Gross Bank Foreign Assets/Liabilities, by Currency
• QOTD: BIS Quarterly Review

March 2, 2009

Consumer Spending Silliness

Unbelievable. Some people are applauding the 0.6% blip up in January consumer spending last month as if a) it’s a good thing, and b) it means anything anyway. Total statistical artifact. Hold any barking econo-seal who applauds this January number to account.

In the interim, slap me. Or them. Or someone.

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it   |   Facebook it