Εκτιμήσεις για το σπιράλ ανεργίας-μείωσης κατανάλωσης

Concerns rise when the economic cycle becomes a vicious one, as consumers respond to news of layoffs by pulling back on spending, thus worsening the economic outlook.
But there is only anecdotal evidence of such causation, regardless of sentiment, and if the next couple months represent the trough of the recession, investors will exhale.
“We don’t necessarily think consumers are responding to new job cuts with another round of spending cuts,” says Bob Baur, chief global economist at Principal Global Investors.
“Our hope is that round of cuts is going to diminish as we get into the latter part of first quarter and the second quarter.”
http://blogs.wsj.com/marketbeat/2009/02/05/four-at-four-when-half-a-million-job-losses-are-ok/