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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6280)5/13/2004 11:34:13 AM
From: Haim R. Branisteanu  Respond to of 116555
 
the state of the economy is measured by expansion which is mostly consumer spending.

After spending for necessities like food and shelter the remaining earnings are re- channeled to the economy if by savings or direct investment.

Rise in wages commensurate with rise in output is healthy as it enables more spending and as such more demand and more hours worked.

growth in wages and hours worked indicates that and it is positive if there is no inflation