Wealth Effect Drives U.S. Consumption After $164.5tn Peak U.S. household net worth hit $164.5tn in Q2 2022; with an MPC of 0.03–0.06 a 10% wealth fall could cut consumption by ~$658bn.

Wealth Effect Drives U.S. Consumption After $164.5tn Peak: U.S. household net worth hit $164.5tn in Q2 2022; with an MPC of 0.03–0.06 a 10% wealth fall could cut consumption by ~$658bn. 👈 Read full analysis #WealthEffect #ConsumerSpending #HouseholdNetWorth #EconomicAnalysis #MPC