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Strength in consumer spending does not necessarily imply low probability of recession


Abstract: Consumption was not a main driver of GDP declines in previous recessions, and a recession is not necessarily preceded by declines in consumer spending.

Keywords: consumption; investment; monetary policy; real estate;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2024/0102
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2024-01-02