Month: December 2020

Personal spending rose 0.5% in October, but ignoring inflation, remains down 1.6% from where it was in February 2020, pre-Covid-19. More interestingly, spending on durables like cars, laptops, and sporting goods is up 15.2% from February, while spending on nondurables,…

The percentage of employees going to work troughed out on 4/8/20 at 14.9%, consisting of maintenance and essential workers. It then steadily rose and peaked in mid-to-late October at 27.4%. Since then, the rate has never exceeded 27.1%. The return…