Monday, July 18, 2016

Why Are We Saving More and Spending Less?

Have our memories of the Great Recession altered our habits?      Consumer spending accounts for more than two-thirds of economic activity in the United States. Lately, that spending has moderated. Across the 12 months ending in March, personal spending advanced 3.4%. That matched the gain seen in 2015.1,2   Is a 3.4% annualized gain […]

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