1/8 FT: \"That said, “the weakness in consumption is more structural”, Logan Wright added\.\" He's right\. Every month there are incremental explanations as to why consumption was weak \"last month\", but the problem is not temporary\. It is structural\. https://www\.ft\.com/content/7db72916-3f9f-42c6-bd28-b5c7f51ed573 (opens in new tab)

1/8 FT: "That said, “the weakness in consumption is more structural”, Logan Wright added." He's right. Every month there are incremental explanations as to why consumption was weak "last month", but the problem is not temporary. It is structural.