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Tag Archives: Consumer

Travel expenditures since 2005 and the Great Recession

Earlier this year The Bureau of Labor Statistics posted a graph showing that 2011 household travel expenditures had decreased 6% from their peak in 2007. However, they didn’t adjust for inflation. The decrease is actually much more severe. Continue reading

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The economic recovery is coming. Also believe in the Tooth Fairy?

The press and media are rampant with articles that, in one form or another, talk about or refer to a recovery from the Great Recession. There will not be a recovery. I’ll say it again. There will not be a … Continue reading

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