Chart of the Day: How Slower Consumer Spending Stifles GDP – The Atlantic

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Chart of the Day: How Slower Consumer Spending Stifles GDP
The Atlantic
The American consumer drives the US economy. Consumer spending generally makes up around 70% of the nation's GDP. So when spending grows, the nation grows. But when spending slows, so does overall growth.
US economic growth slows to 1.8%The Guardian
US Economy's Growth Cools in First Quarter to 1.8% Annual RateBloomberg
Here Comes Stagflation!The Business Insider
CNN –MarketWatch –USA Today
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