4 Nov 2024 9:42 am
It's not uniformed.....it's highly informed .....
Consumer spending data is based on all private spending in the US ....Fact.
Now when you break it all down by class which you are afraid to do ....the numbers reflect that most of the spending was done by the upper middle class and above ...
And does not reflect the true state of the economic impact below the upper middle class....and those remaining classes saw zero gains.
Also if the economy was doing so well all business would be thriving ....
and it isn't....
And the stock market does not reflect a thriving economy....