The picture on credit card spending requires a more rounded view. Here is an update to the Economic Dashboard on what credit card spending means in this economy. The complete picture is not as glowing at the White House economic adviser suggests: johnfdickerson.substack…
Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too."
May 6
at
2:11 PM
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