{"id":690796,"date":"2010-03-14T10:05:00","date_gmt":"2010-03-14T14:05:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/goldman-3-reasons-the-consumer-rebound-is-going-to-sputter-out-2010-3"},"modified":"2010-03-14T10:05:00","modified_gmt":"2010-03-14T14:05:00","slug":"goldman-heres-3-reasons-the-consumer-rebound-is-going-to-sputter-out","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/690796","title":{"rendered":"Goldman: Here&#8217;s 3 Reasons The Consumer Rebound Is Going To Sputter Out"},"content":{"rendered":"<p>Goldman Sachs&#8217; Jan Hatzius lays out three reasons the recovery will sputter out. Specifically they expect consumer spending growth to fall from a current rate of around 3.25% to 1-2%:<\/p>\n<ul>\n<li>The recent strength in consumer income is inconsistent with real household income. Any improvement in the labor market will be offset by the end of the stimulus.<\/li>\n<li>The savings rate still hasn&#8217;t risen to historical averages, so that represents a coming drag.<\/li>\n<li>Consumer confidence data doesn&#8217;t match the current brisk rate of spending. Instead it suggests spending growth of merely 1-2%.<\/li>\n<\/ul>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4b9cec747f8b9af8506e0100\/consumer.jpg?w=780\" border=\"0\" alt=\"consumer\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/goldman-3-reasons-the-consumer-rebound-is-going-to-sputter-out-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/what-february-los-angeles-port-traffic-is-saying-about-the-economy-2010-3\">What February Los Angeles Port Traffic Is Saying About The Economy<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/goldman-europes-recovery-will-be-pitiful-2010-3\">Goldman Shows How Europe&#8217;s Recovery Will Be A Joke<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/are-shipping-numbers-masking-a-stealth-commodities-selloff-2010-3\">Are Shipping Numbers Masking A Stealth Commodities Selloff?<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/BUYVWLo2vVQ\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs&#8217; Jan Hatzius lays out three reasons the recovery will sputter out. Specifically they expect consumer spending growth to fall from a current rate of around 3.25% to 1-2%: The recent strength in consumer income is inconsistent with real household income. Any improvement in the labor market will be offset by the end of [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-690796","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2THS","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/690796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=690796"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/690796\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=690796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=690796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=690796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}