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Joe Sixpack’s Situation: 3Q2012 View Updated

Friday, December 7, 2012 3:51
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(Before It's News)

Written by Steven Hansen

A Federal Reserve data release for 3Q2012 this past week provides insight into the finances of the average household – and our beloved “Joe Sixpack”. Our modeled “Joe Sixpack” – who owns a house and has a job, and essentially no other asset – situation improved – but his improvement was at a slower rate than 2Q2012.

This post takes a look our Joe Sixpack Index, and provides detailed insight into what may be the average household who holds some financial assets – now defined as Middle Man. This data is not recessionary.   Read more »

2012-12-07 02:24:49

Source: http://econintersect.com/wordpress/?p=30104



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