The Traderszone Network

Published in TZ Latest News 4 August, 2015 by The TZ Newswire Staff

US Consumer Spending Declines For Third Consecutive Month, Down 5 Of Past 7 Months

There is (double) seasonally-adjusted, goal-seeked and revised (since 1976) consumer spending data as reported by the government and meant to validate administration policies, and then there is Gallup’s polling of 15,217 US adults who are asked to self-report on their daily spending patterns.

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