Sharp decline in consumer spending
Sharp decline in consumer spending on houses, autos and other durables.
Immediately related elementsHow this works
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The Global Financial Crisis Â»The Global Financial Crisis
Potential consequences of the financial crisis? Â»Potential consequences of the financial crisis?
US faces severe recession Â»US faces severe recession
Sharp decline in consumer spending
Consumers start to become net savers again Â»Consumers start to become net savers again
Many homeowners will default on mortgages and loans Â»Many homeowners will default on mortgages and loans
Sharp decline in consumer lending Â»Sharp decline in consumer lending
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