Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business
The Walker Webcast
00:00
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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