US consumption and investment
US consumption and investment
"Consumers get all of the attention but a much bigger reason the economy is not back to normal is that business fixed investment (e.g., purchases of structures, machinery, intellectual property) remains well below where it should have been."
Consumers get all of the attention but a much bigger reason the economy is not back to normal is that business fixed investment (e.g., purchases of structures, machinery, intellectual property) remains well below where it should have been. pic.twitter.com/fqCo77ydRv
— Jason Furman (@jasonfurman) October 28, 2021