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	<title><![CDATA[The Possibility Of A Consumer Led Recession Just Increased Big Time]]></title>
	<url>http://www.huffingtonpost.com/hale-stewart/the-possibility-of-a-cons_b_99375.html</url>
	<abstract><![CDATA[<p>With the release of the latest GDP report, the possibility of a consumer lead recession just increased.</p>

<p>First, before today's GDP report there was a series of charts that caused me great concern. Here they are in the appropriate order.</p>

<p><img src="http://i17.photobucket.com/albums/b84/bonddad/Big%20Econ%20Numbers/jobs.gif"></p>

<p>Year over year job growth has been deteriorating for some time. This has lead to</p>

<p><img src="http://i17.photobucket.com/albums/b84/bonddad/Big%20Econ%20Numbers/income-5.gif"></p>

<p>declining real income. As a result</p>

<p><img src="http://i17.photobucket.com/albums/b84/bonddad/Big%20Econ%20Numbers/consumerconfidence.gif"></p>

<p>Consumer confidence is dropping, as is</p>

<p><img src="http://i17.photobucket.com/albums/b84/bonddad/Big%20Econ%20Numbers/consumersentiment.gif"></p>

<p>Consumer sentiment. Therefore</p>

<p><img src="http://i17.photobucket.com/albums/b84/bonddad/Big%20Econ%20Numbers/pce-1.gif"></p>

<p>Personal Consumption Expenditures are dropping</p>

<p>This is not a new situation. Retail...</p>]]></abstract>
	<taxonomy><![CDATA[Business]]></taxonomy>
	<date_published>2008-05-08T05:12:00-04:00</date_published>
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