Consumer income

Consumers can access 3 types of income

  • Past – coming from savings
  • Present – coming from current employment or business activities
  • Future – coming from credit leveraging future income (borrowing money to be repaid in the future including loans, credit cards, mortgages)

Assessing the health of an economy and predicting future consumption and economic growth potential, involves a comprehensive analysis of cycles and trends of savings, employment income, and credit.

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