Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business
The Walker Webcast
The Consumer's Strength in the Economy
The consumer still in good shape, credit card debt, auto loans and mortgages. Total household debt is a percentage of GDP is now at 71%. That's slightly above the long term average of 69%. And you talk about the fact that there's a huge amount of cash that's still sitting in the economy.
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