What is happening with consumer spending

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Consumer spending ("C") WAS the strongest component of GDP growth until mid-March 2020. What are at least three reasons Consumption spending was growing rapidly in the U.S.? (My hope is you look at the factors said to determine C spending in the book and lectures and see some factors favorable to C spending at work in the U.S. in that period - or more recently) What is happening with Consumer spending then or now?

Reference no: EM133256138

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