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23rd Mar 2026 09:17USDaily Monitor
  • The Q1 fall in households’ wealth implies a $50B hit to spending, equal to 0.2% of annual consumption. 
  • Spending on recreation services is closely correlated with changes in households’ wealth...
  • ...and near-real time data indicate that food services spending is already taking a hit.

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Keywords for: 24 March 2026 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence