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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (54407)8/27/2001 12:11:02 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Personal income is a decent indicator of future consumer demand, but it is not perfect. Recessions usually
occur when consumers stop spending, which then drives down income growth. Looking solely at income growth, one may therefore miss the turning point when consumers stop spending.