Saturday, November 15, 2008

Consumer Spending

What did you buy in October. I think I filled the gas tank once. I didn't buy a vehicle. Food. That's it.

For me at least, October was a month when the world sort of stood still. I didn't buy much of anything but food. It's the November-December-January numbers that are going to tell us whether we're facing a consumer spending decline or a consumer spending collapse.

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