The home mortgage crisis and Great Recession created a shift in consumer spending, behavior, and attitudes. Joining us to take a look at just how dramatic that shift was, along with current consumer spending habits and the affect they have on future economic growth, are Dr. LaVaughn Henry, vice president and senior regional officer of the Federal Reserve Bank of Cleveland; and, Jack Kleinhenz, chief economist for the National Retail Federation.
We look at how the Great Recession changed consumer attitudes and spending behavior
