· ECONOMY · Fooled By Randomness
Incomes Go Down, Spending Goes Up
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