Current event

Americans spending less


Consumers are not buying less and less in america its only up .1 from last year.

"It comes at a time when people actually do have a little bit more money to spend.

In the same report, the government said disposable personal incomes rose 0.4% in February, after rising 0.5% in January and 0.3% in December.

So what are consumers doing? Despite some headlines to the contrary, it appears that Americans are showing signs of fiscal responsibility. They are saving more." -CNN article

And as Researchers predicted it will begin to decrease and collapse.