WATCH TV LIVE

NEWSMAX TV HEALTH MONEY WORLD
Tags: Obama | Chance | Consumer-Driven | Recovery | Less | Likely

Obama: Chance of Consumer-driven Recovery Less Likely

Tuesday, 05 October 2010 08:34 AM EDT

President Barack Obama said on Monday the prospect of a consumer-driven, "V-shaped" economic recovery was less likely because Americans were trying to save more and reduce debt in the aftermath of a deep recession.

© 2026 Thomson/Reuters. All rights reserved.


Click Here to comment on this article
Share
Economy
President Barack Obama said on Monday the prospect of a consumer-driven, V-shaped economic recovery was less likely because Americans were trying to save more and reduce debt in the aftermath of a deep recession....
Obama,Chance,Consumer-Driven,Recovery,Less,Likely
34
2010-34-05
Tuesday, 05 October 2010 08:34 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved