Incomes Go Down, Spending Goes Up

October 2, 2011 5:16 pm

Another fooled by randomness scenario, lets just accept it, it is all random:

“CNNMoney looks at government data released Friday that shows personal incomes falling by 0.1% last month, whereas personal spending still seems to be slowly on the rise with an 0.2% uptick. In the long run, these patterns are likely to put a damper on that willingness to spend as prices rise for certain things like gas and food.”

Statistics Source: Consumerist

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