

What's fueling consumer spending?
Consumer spending has held up surprisingly well even as labor markets have cooled and sentiment has plumbed record lows. After slowing earlier this year it has once again firmed in recent months. Why?
At least part of the story is the rise in household wealth over the past few years.
4 days ago


UHERO Bog Post. Recession watch: US data is softening—Is a downturn imminent?
A little less than a year ago, I published a post explaining why the US economy was clearly NOT in a recession , despite contrary claims...
Sep 6, 2025



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