The stock market is driving the economy in one major way
First publishedAug 17, 13:35 UTC
Last updatedAug 17, 15:03 UTC · 13m ago
1 outlet
MarketWatch
1 outlets over time — hover a bar for its window & outletslast updated
Answer
The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be possible
Reported by 1 outlet — MarketWatch. See all sources ↓
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Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
In brief
- What's the story?
- The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be possible
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 13m ago.
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How outlets are framing the same story
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- Coverage card1 outlet1CoverageScouting report
The stock market is driving the economy in one major way
Sources1TypeCoverage
Sources (1)
Avg source rating 7.0/10Processing cluster
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