Saturday, May 24

Consumer Spending and GDP Growth

Around 70% of gross domestic product (GDP) comes from consumer spending. Around 80% of U.S. households make under $100,000 per year. This is the middle (and "working") class. If you take purchasing power away from the middle class, you drag down the largest part of the economy…end of story.


  1. A well written article! with a lot of great info!
    see more

  2. Cool! I wasn't aware about this consumer spending and GDP growth, I am glad you discussed it here for atv rental for sand.