Consumer Spending On The Rise

Consumer Spending On The RiseBy: Nicholas A. Dunlap, CPM Screw the banks, feed the economy…or so the actions of our nations consumers most currently suggest. Data released today by Morgan Stanley shows that mortgage delinquencies are up 8% from mid-2007, but that consumer spending rose 3.6% in the United States last quarter. So instead of … Continue reading Consumer Spending On The Rise