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Average earnings have leveled off which supports the idea that retail sales will flatten.
Consumer credit is spiking, but it seems likely that this growth should slow, as consumers' earnings (needed to pay back debts) aren't spiking.
Wednesday, November 21, 2012
Retail sales likely peaking
The trend appears to be leveling off...
.png)
Average earnings have leveled off which supports the idea that retail sales will flatten.
Consumer credit is spiking, but it seems likely that this growth should slow, as consumers' earnings (needed to pay back debts) aren't spiking.
Average earnings have leveled off which supports the idea that retail sales will flatten.
Consumer credit is spiking, but it seems likely that this growth should slow, as consumers' earnings (needed to pay back debts) aren't spiking.
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