ECONOMIC CYCLE RESEARCH INSTITUTE
NEWS & EVENTS
Consumer Spending Growth Slowing
CNBC | Oct 9, 2019

On mobile, click here to view video interview.

Most people still think that while manufacturing has slowed, with the consumer in good shape -- and accounting for over two-thirds of GDP -- overall economic growth should be fine. 

ECRI's Lakshman Achuthan joined CNBC to discuss how this narrative doesn't add up, and that weaker U.S. consumer spening means recession risk can't be taken off the table.

Review our recent real-time track record.

For information on our professional services please contact us.

Follow @businesscycle on Twitter and on LinkedIn.