#MoneyMondays with Mellody Hobson on @TJMShow – American Consumer Spending Going Down?

How is the American consumer doing?

Because the American consumer is one of the most important components of the American economy. You have heard me say many times on this show that consumer spending is responsible for 70 percent of GDP. (Gross Domestic Product).

Where the American consumers go, the economy tends to follow. Over…

via Money Mondays: How You Doin’? — Black America Web