tag:blogger.com,1999:blog-11027528911364475.post8622885927579748293..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Explaining the Retail Sales / Confidence DislocationJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11027528911364475.post-37164853471631783682011-10-22T08:29:07.041-07:002011-10-22T08:29:07.041-07:00Really good post. The assumption of correlation be...Really good post. The assumption of correlation between confidence and spending is intuitive but, despite numerous attempts, I've never found a strong relationship. Consumers have their own agenda, and over- or under- spending accordingly. Their mood about the wisdom of the planchanges, but doesn't seem to affect outlay.Interloperhttp://www.interloping.comnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-60040744098430835092011-10-21T14:20:58.989-07:002011-10-21T14:20:58.989-07:00Great post Jake. Always look forward to your posts...Great post Jake. Always look forward to your posts and charts. Have a great weekend!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-88409051305016158872011-10-21T11:40:25.555-07:002011-10-21T11:40:25.555-07:00It will be interesting to see whether continuing s...It will be interesting to see whether continuing structural problems in the US labor market will at some point put a damper on consumer spending e.g. the high number of long-term unemployed, the rising ratio of unskilled-to-skilled workers and the falling labor force participation rate.<br /><br />http://www.adsanalytics.com/dashboard/docs/dashboard.php?treepage=tree_definition_main.php&chart=chart_labor_lfprAnonymousnoreply@blogger.com