US slowdown expected despite consumer rebound

26 February 2019

 

US consumer confidence collapsed in late 2007 as the US housing bubble burst and the US economy went into recession. By 2016, it had clawed its way back to neutral and then went from strength to strength over the next two years. After a dramatic fall in December and January, confidence levels of US households appears to have bounced back after a series of temporary factors faded from view. The...

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