Workforce Productivity Falling in U.S. - WSJ.com
An interesting point was brought up by someone (I believe it was on Bloomberg) with respect to consumer spending - i.e. that there are many Americans who are not paying their mortgages but are living in homes that have yet to be foreclosed on. These people have extra income to spend on consumption!
Will this income be there when they have to move and start paying rent?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment