(Des Moines, Iowa) — New research released from the Principal Financial Well-Being IndexSM indicates that while the...
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RECESSION SPENDING AND INVESTING
How are the spending habits of citizens affected by the simultaneous declines in coincident measures of overall economic activity, such as employment, investment, and corporate profits combined with rising prices for almost every commodity? Will the so-called recession be associated with falling prices (deflation), or, alternatively, sharply rising prices (inflation) in a process known as stagflation? Could the continuing trend lead to a severe or long recession, creating an economic depression.
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