consumer spending

Consumer Spending: Is US At Risk Of Recession?

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Reading Time: 5 minutes Technology & Wages Drive Consumer Health In this article we will look at some of the trends in consumer spending which is the most important part of GDP growth. Previously we reviewed whether the average US consumer is healthy or not. The biggest worry long-term is that US consumers do not…CONTINUE READING

How Healthy Is The Consumer?

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Reading Time: 5 minutes The consumer is the lifeblood of the economy. Austrian economists differ from the mainstream viewpoint on what drives the economy as they say production drives economic growth whereas Keynesian economists believe that consumption and demand drives the economy. The truth is that both the consumer and the producer are important,…CONTINUE READING