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

June 10, 2022


Read time:

<5 mins
Anne Nygard TcJ6sJTtTWI Unsplash 1024x683
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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