One of The Ugliest Numbers Around Is Coming Out Tomorrow

Tomorrow should be a fairly heavy day for data.

Of particular interest will be real disposable personal income for February. We’re interested, in part, because this number has oscillated in a fairly rhythmic manner over the past several years, but with the general trend of lower highs and lower lows.

Lately we’ve been on a downswing, and if that continues towards the zero line, it will be worrisome.

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.