Journal Article

Consumption Growth Regimes and the Post-Financial Crisis Recovery

Abstract: Andrew Foerster and Jason Choi find that consumption has grown more slowly after the Great Recession due to the continued influence of persistent factors unusual to see outside recessions.

Keywords: Recovery; Consumption; Consumption Growth; Services Consumption;

JEL Classification: G01; E21;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Review

Publication Date: 2016

Issue: Q II

Pages: 25-48