US Consumer Spending Barely Rises in January
Original Report
A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the so-called core PCE index...
A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the so-called core PCE index rose 0.4% from December. Michael McKee has a first look. (Source: Bloomberg)
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different
Some investors are drawing comparisons with the 1970s to interpret where markets are headed in 2026, but there are several key differences to note this time around.
Using options to create an income stream to ride out the market swings as volatility spikes
Jeff Kilburg breaks down this SPY options trade.