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Wage and saving trends already strongly suggested this outcome.
(Charts on individual saving trends are ominous. Nobody's been saving for years).
"However, while job insecurities have receded this year, the latest survey highlights that income and saving trends remain very subdued, especially at the lower end of the pay spectrum". Businesses are also feeling more upbeat about the year ahead as the recovery gathers steam, according to a report from the the Federation of Small Businesses.
The whole boom of the 2000s (and more broadly the growth process that emerged at the in the early 1980s) was based on household borrowing and the continuation of negative saving trends (that is, household deficit spending).
His administration needs to restore income growth among households, not businesses, to mitigate the need to for families to resort to borrowing and the continuation of negative saving trends (that is, household deficit spending).
Similar(55)
Some economists warned that some of the strength in American consumption has come from households saving less, a trend that might not last, and the retail data suggested some of that strength might already be waning.
Of course, saving money is behind this latest trend to mothball the recording studio.
Harvesting energy from the surroundings has become a new trend in saving our environment.
There has been an increasing trend in saving energy costs for power generation in developing countries.
Whatever the case, a small group of American Millennials are bucking the trend and saving gobs of money in order to achieve FIRE or financial independence, retire early.
Samsung announced its plans to launch its flagship at the event — bucking its recent trend of saving its big news for its own party.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com