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Monday, November 30, 2009

Will Consumption Growth Return to Its Pre-Recession Level?

At MoneyWatch, Will Consumption Growth Return to Its Pre-Recession Level? discusses this graph comparing the path of consumption in the current recession to the path of consumption in the three most recent recessions, and there is a brief discussion of why consumption growth is likely to be lower in the future:

Consumption
[click to enlarge]

    Posted by on Monday, November 30, 2009 at 05:40 PM in Economics | Permalink  TrackBack (0)  Comments (15)

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