Umich Household Durables Good Time to Purchase Vs. Unemployment Rate


Umich Household Durables - Good Time to Purchase are correlated to the unemployment rate.



US consumers spend less on critical household purchases when their
economic situation deteriorates; alternatively, the decision to reduce
spending on key household products, which may come amid concerns for
future income and wealth, creates a feedback loop which ultimately
results in an economic contraction.







University of Michigan charts can be found here.







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