EPISODE · Sep 27, 2012 · 6 MIN
US Consumer Spending: Not Strong Enough to Lead to Economic Recovery
from Euromonitor Podcasts · host Euromonitor International
The United States' economy, the largest in terms of total GDP measures by purchasing power, suffered an economic recession during 2008-2009 like much of the world. However, consumer spending in the US has not been robust enough for a strong recovery. Consumers do not have the resources to spend, even with low interest rates, economic bailouts, and tax cuts. However, consumers spent more in July 2012 than previous months, leading to a hopeful yet reserved outlook for the rest of the year.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.
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The United States' economy, the largest in terms of total GDP measures by purchasing power, suffered an economic recession during 2008-2009 like much of the world. However, consumer spending in the US has not been robust enough for a strong recovery. Consumers do not have the resources to spend, even with low interest rates, economic bailouts, and tax cuts. However, consumers spent more in July 2012 than previous months, leading to a hopeful yet reserved outlook for the rest of the ...
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US Consumer Spending: Not Strong Enough to Lead to Economic Recovery
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