How Bad of a Recession? It Depends on the Consumer

How Bad of a Recession? It Depends on the Consumer
People shop for produce at a store in Rosemead, Calif., on June 28, 2022. Frederic J. Brown/AFP via Getty Images
Fan Yu
Updated:
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Commentary

Consumer spending drives two-thirds of the U.S. economy. But the resolve of American consumers will be put to the test.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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