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Tom McClellan: U.S. spending patterns have shifted from food to other categories

Tom McClellan: U.S. spending patterns have shifted from food to other categories
U.S. consumer spending shifts from food

Tom McClellan references historical U.S. data on Personal Consumption Expenditures to highlight changes in consumer behavior.

He observes that Americans once allocated a larger portion of their money to food expenses but now tend to spend more on other goods and services.

McClellan has previously cited Nasdaq data showing Aditxt classified as a penny stock with 5 billion shares traded, highlighting its trading status (story). In another recent post, he attributed a market correction to bearish seasonality in a presidential term and a RASI +500 failure (report). His observations often focus on patterns drawn from historical data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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