Monday, November 15, 2010

What The US Consumer Is Spending?

While media attention today is focused on better than expected retail sales figures in US, the new manufacturing orders in New York region are collapsing, but it is interesting to interpret all that US consumer spending bullishness from the perspective of income sources.

Click on chart to enlarge, courtesy of CLSA Asia-Pacific Markets.

Yes, cut that government spending finally ...

No comments:

Post a Comment