Relevant and even prescient commentary on news, politics and the economy.

Updating the long leading indicators: per capita real retail spending and real spending on goods

– by New Deal democrat So much of the changes to the economy has been dictated by the whims of the White House that it has not made much sense to throughly update the suite of long leading indicators in many months. After all, why chart their incipient effects when they are consistently being overtaken by […]