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25min chapter
The State of the American Consumer
Moody's Talks - Inside Economics
Consumer Spending in a Shifting Economy
This chapter explores the implications of high asset values on consumer behavior, particularly in the context of rising interest rates. It discusses the contrasting effects on high and low-income consumers post-pandemic, showcasing disparities in financial health and spending habits. Additionally, the chapter examines the complexities of consumer confidence amidst economic uncertainties and political divisions, highlighting how these factors influence consumer sentiment and spending trends.
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Discover
highlights
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