Don’t count on US consumer to save economy – MarketWatch
MarketWatch |
Don't count on US consumer to save economy
MarketWatch On the other hand, the bad news is that this implies that the U.S. economy will remain in the dumpster, since consumer spending now accounts for fully 70% of our gross domestic product. This reluctance to spend could not have come at a worse time for … No easy way to determine 'slack' in the US economy |
