Author: BostonNewsletter.com Est. 1704

The jobs report is the main event this week. But the real question is bigger than payrolls. Can household spending keep holding up when the finances behind it are deteriorating? That is the tension in the economy right now. Consumers are still spending – and on the surface, that looks fine. Consumer spending is the largest part of the U.S. economy. As long as households keep buying goods and services, businesses earn revenue, workers keep their paychecks, and the expansion continues. But spending alone does not tell us whether the consumer is healthy. What matters is how that spending is…

Testing