Consumption: seeing is believing
Published on Tuesday, December 27, 2016
Consumption: seeing is believing
Summary
Why has an economy with an unemployment rate of more than 26% in the first half of 2013 had such a prolonged recovery in private consumption? The main reason was the change of cycle in the labour market.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Consumption
Tags
Authors
Juan Ramón García
BBVA Research - Principal Economist