Has Consumer Spending Topped Out for the Year?

    Investment Contrarians
    By Investment Contrarians

    Consumer SpendingWe all know that consumer spending is a huge portion of the U.S. economy, making up roughly three-quarters of our GDP. Because it’s such a large part of our economy, for growth levels to pick up, we need consumer spending... Read More

    This article Has Consumer Spending Topped Out for the Year? originally published at Investment Contrarians by Sasha Cekerevac

    Original: http://www.investmentcontrarians.com/stock-market/has-consumer-spending-topped-out-for-the-year/2662/
    By: Sasha Cekerevac
    Posted: July 30, 2013, 3:09 pm

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    Investment Contrarians provides independent and unbiased research. We are independent analysts that love to research and comment on the economy and the stock market.
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    We believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply....