ABC Buying Climate Index

Yes, one more data point indicating we hit the wall right around year end.

(ISM, car sales, payrolls, redbook sales)

Maybe the stock market scared consumers? Cliff is convinced stock market drops cause consumer retrenchment and recessions. Can’t say I disagree with something like 75% of Americans now holding shares.

But something did change and very quickly. .

comments welcome!

2008-02-05 ABC Buying Climate Index