I have done an article like this before about a month ago talking about the U of Michigan Consumer Sentiment Index; it continues to rise. In the last article it suggested the rise of housing prices as a factor to this increase. In this article, they note over 150K jobs were added in January with job-less claims on the decline. As well, household spending increased by .2% in January.
Take a look and create your own opinion as to how the economy is really doing. Noting inflation expectations at 3%, while income has decreased around 3%, are we truly in a good place? How can we TRULY explain this rise in consumer sentiment?
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