"We NEED A Recession!" Says Wolf Richter, Though He Doesn't See One Happening Soon
Thoughtful Money with Adam Taggart
Positive Trends in Construction Spending and Per Capita Income
This chapter discusses the positive trends in construction spending for manufacturing plants and per capita disposable income. It highlights the significant increase in construction spending driven by infrastructure projects and the positive shift in wage increases. The chapter emphasizes the stimulative effect of wage increases on consumption and the absence of any slowdown in consumer spending this year.
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