Wednesday, August 12, 2015

15.08.05 US Real disposable income growth vs. consumption growth

Since mid-2014, both real income growth and real consumption growth increased continuously maybe due to tumbled oil price and lowered inflation. But, in terms of the pace of real consumption, it was somewhat disappointed, while economists argued that US spending would increase to follow soaring real disposable income eventually. Moreover, since start of this year, both of income and spending in real term, started to decline moderately, albeit the growth level remain high, more than 2% as maybe additional USD appreciation was limited recently.

If then, US officers want strong USD more than now? But, companies earnings have been deteriorated since then...




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