Free Markets, Free People

Economic Statistics for 7 Dec 15

Gallup’s US Consumer Spending Measure reports that Americans’ daily, self-reported spending was unchanged at $92 in November.

The Fed’s Labor Market Conditions Index fell from 1.6 to 0.5 in November.

Consumer credit rose $16.0 billion in October, but revolving credit rose only at a barely-positive $0.2 billion. Non-revolving credit gains were mainly in auto and school loans.

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