Retail sales data may not provide an accurate picture of public spending if consumers are taking out loans to maintain spending levels, as high debt levels can indicate an impending recession.

Authors

• Person: Not available Organization: IG
  What Are the Key Macroeconomic Indicators? | IG International

Sources

• What Are the Key Macroeconomic Indicators? | IG International www.ig.com IG via serper

Referenced by nodes (4)

• government spending concept
• recession concept
• retail sales concept
• loans concept