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Consumption is the Anchor, but Investment Drives the Cycle

1 source ·1 article ·2h ago

We often hear that consumption accounts for roughly 70% of the US economy and that, as long as consumers keep spending, the economy will continue to grow. There is certainly some truth to that.

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Advisorperspectives 1

All coverage · 1 article

Advisor Perspectives ·2h ago

Consumption is the Anchor, but Investment Drives the Cycle

We often hear that consumption accounts for roughly 70% of the US economy and that, as long as consumers keep spending, the economy will continue to grow. There is certainly some truth to that.