Quote:
Originally Posted by jyl
I guess this should have gone in the Economy in Pictures thread but that one is moribund so here you are.
This is total consumer spending at retail, which excludes travel, health care, housing, etc. Essentially counts what is spent in stores (physical and online) and restaurants. Left chart is year over year growth for past couple of years. Right chart is monthly totals for all years since 2007, superimposed. This data is not seasonally adjusted. |
And the population has grown by what factor? So a relatively flat line is in actuality a decrease in per capita spending.