Exchanges cover image

What’s ahead for the U.S. economy?

Exchanges

00:00

The Turnaround in Real Disposable Income

Last year, you had a large decline in real disposable income. Consumers were able to offset that by saving at a lower rate or tapping what we call excess savings during the pandemic. In 2023, those things aren't true to the same degree. There are some transfer payments that are still going away but they're not as big.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app