There are a lot of factors here, but more than anything else, we haven't had a full jobs recovery, and the consumer is waiting for that. These numbers reflect they're kind of running out of patience.
There are a lot of factors here, but more than anything else, we haven't had a full jobs recovery, and the consumer is waiting for that. These numbers reflect they're kind of running out of patience.
If all we've had is consumption, not business investment, there could be a self-fulfilling factor here, ... If consumers run out of patience, they start trimming sales a bit, and the economy, rather than picking up, may weaken a bit. Then the consumer says, 'See, I told you it was going to happen.'
© 2020 Inspirational Stories
© 2020 Inspirational Stories