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Americans spending their savings could spark a recession | Fortune

US Economy Outlook Made in 1st Half of 2023

Published Feb 18 '23. Last edited Jul 05 '24

Prediction #pandemicsavings

Morgan Stanley estimated that US Consumers spent about 800-900 billion of $2.7 total #PandemicSavings. They predict the consumers will spend another $500 billions this year.

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