Quote:
Originally Posted by BigCatDaddy
Which is why the comsumer confidence arguement is reeruned. Yeah..for a few weeks there would have been some apprehension but anyone that had been out in the real world lately if it's at a pool party at the Ozarks, riots on the streets or going to a liquor store the amount of ****s given is minimal. Personally our gym memberhaips are up over 30% between closing at the end of March and now.
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Consumer spending was down 13% in April, by far a record. The previous record was 6.9%, which happened in March.
And this was with an overall income increase due to the stimulus.