I will not fall for anything a department of this administration puts forth. I have specifics I have to shop for every week. IOW I’m out there, and I see what’s NOT happening, and what’s NOT happening is consumers are NOT out there blowing their dough.
Essentials are where the reluctant cash is going, rarely anything else.
“Consumer spending advanced a seasonally adjusted 0.2% last month, the Commerce Department said Friday. That matched the estimate of economists polled by MarketWatch.”
Wondering what economists MarketWatch polled. Obama Kenyanesian economists perhaps.
A lot of spinning going on....