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Consumers are said to account for two-thirds of economic activity and a confident consumer is said to spend than a cautious consumer. Because of this reason alone, it's important to have something that can address the concerns of the consumers spending, because this is the type of gauge that can better assess the economy's spending habits and more than likely predict the probability of a recession. The monies being spent in the economy is more important that any of the other indicators noted in our reading.
Employment Report, while important because it is said that it is a good measure of performance for a specific sector and a good indication of the overall health of that sector...
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