Economics Of Consumer Demand

Topics:
Credit Management
Tags:
Consumer,
eNumerys Global,
Financial Services
Source:
eNumerys Global

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Overview: Although the housing demand seems to be stabilizing, the ripple effects in credit markets seem to be accelerating. Several large banks have revealed multi-billion dollar losses resulting from increasing mortgage defaults. This inevitably restricts capital flow throughout the economy both for businesses and individuals. Restrictions on capital flow tend to impact consumer spending, which is the life-blood of the United States (US) economy. Presidential election years have historically exhibited higher Gross Domestic Product (GDP) growth and consumer spending, vehicle than in nonpresidential election years but 2008 promises to be different.

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Format: PDF | Size: 291KB | Date: Jan 2008 | Pages: 5

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