While most economic pundits think we will see a slowdown in consumer spending this year,  signs are pointing that chances are good we will see spending move in the opposite direction.  Here’s why:

(1)  Consumer incomes are rebounding.

(2)  Consumers have reduced their financial obligations.

(3)  The personal saving rate is higher.

(4)  Home building is rising again.

(5)  Autos still selling slower than the scrappage rate.

- From economists Brian Wesbury and Bob Stein in this Research Report.

Related posts:

1. Dynamic Economy
2. Economic Recovery, Government Stimulus, and the Conservatives’ Mistake
3. Housing Industry, Consumer Confidence, Auto Sales, and Employment
4. Unemployment and the Stock Market
5. 21 Reasons We May Have Seen The Recession’s Worst

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