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Thread: Consumers Spending More, Just Not on Things They Want - Gallup

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    Consumers Spending More, Just Not on Things They Want - Gallup

    'PRINCETON, NJ -- Slightly less than half of all Americans (45%) report spending more than they did a year ago, while 18% report spending less. A closer look at these numbers reveals Americans' increased spending is on household essentials, such as groceries, gasoline, utilities, and healthcare, rather than on discretionary purchases.'

    Consumers Spending More, Just Not on Things They Want



    As I have said many times, calling the CPI an accurate inflation indicator is a joke.

    http://www.tradingeconomics.com/unit.../inflation-cpi

    Inflation is, IMO, much higher then the government reports/suggests.

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    Re: Consumers Spending More, Just Not on Things They Want - Gallup

    Quote Originally Posted by DA60 View Post
    'PRINCETON, NJ -- Slightly less than half of all Americans (45%) report spending more than they did a year ago, while 18% report spending less. A closer look at these numbers reveals Americans' increased spending is on household essentials, such as groceries, gasoline, utilities, and healthcare, rather than on discretionary purchases.'

    Consumers Spending More, Just Not on Things They Want



    As I have said many times, calling the CPI an accurate inflation indicator is a joke.

    United States Inflation Rate | Actual Data | Forecasts | Calendar

    Inflation is, IMO, much higher then the government reports/suggests.
    God bless America.

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