US EditionVideo – Comsumer Spending: The hidden driver of economic fate
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Video – Comsumer Spending: The hidden driver of economic fate
When it comes to financial news, stocks, bonds, interest rates and inflation are some of the topics that garner headlines, but it’s consumer spending that matters most. The amount that Stan and Suzy Sixpack spends represents close to 70% of US Gross Domestic Product. It’s roughly the same level globally. Here we take a deep dive into consumer spending — mostly US-centric but we will also look at Canada, China and Europe.
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