We’ll Keep it Positive Today

While retail sales missed estimates, they still increased in July for the 4th consecutive month. It appears US consumers are not hesitating to spend and with back-to-school spending on the horizon, followed by the holidays (they’re almost here already… yikes!), I would be surprised to see any major hiccups in consumption for the remainder of 2013.

Here are some articles that help to build on this optimistic outlook I currently have:

Also, check out this great article/graphic that Calculated Risk put up over the weekend on the long-term projections of age distribution among US residents:

By the end of the graphic, the baby boomer generation doesn’t look all that daunting. However, I’m sure there are actuaries out there much smarter than I am who will beg to differ.

 

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