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Not a Recession? That Might Be News to Real Disposable Income

June 10, 2022

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<5 mins
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Presented by Michigan News

So it feels like a recession, but it isn’t? Donald Grimes, a U-M economist, discusses the current economic state by looking at disposable income. Grimes notes that despite inflation, there is no economic recession, citing that disposable income in the United States is at pre-pandemic levels.

 

 

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