What might be expected of consumer spending in a COVID-19-driven business cycle? has been saved
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What might be expected of consumer spending in a COVID-19-driven business cycle?
Economics Spotlight, April 2020
The COVID-19 pandemic is expected to hit consumer spending and trigger a recession in the United States. To understand how spending may evolve in a likely downturn and subsequent recovery, we analyze previous business cycles while acknowledging that this is an unprecedented situation.
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