Retail spending captures spending on goods (so it excludes things like healthcare, travel, or insurance, and it includes both essential (like gas or groceries) and non-essential (like clothes or electronics) products.
Well that's good news. We're right at the fulcrum of the k if that makes sense. It's been a rough year for us and we've personally pulled back quite a bit. Not bc we had to per se but bc Im worried if things go as badly as "they" keep saying they're going to I'll wish I had. Anecdotal of course.
I appreciate you taking the time to reply. Great work. Really informative.
Is this discretionary spending?
Retail spending captures spending on goods (so it excludes things like healthcare, travel, or insurance, and it includes both essential (like gas or groceries) and non-essential (like clothes or electronics) products.
Well that's good news. We're right at the fulcrum of the k if that makes sense. It's been a rough year for us and we've personally pulled back quite a bit. Not bc we had to per se but bc Im worried if things go as badly as "they" keep saying they're going to I'll wish I had. Anecdotal of course.
I appreciate you taking the time to reply. Great work. Really informative.