Faculty News
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Prof. David Backus on consumer spending
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![Huffington Post logo Huffington Post logo](/sites/default/files/styles/192w_x_144h/public/assets/images/huffpost192x144.jpg?h=cd55d432&itok=kptAA-t8)
Excerpt from The Huffington Post -- "David Backus, an economics professor at NYU's Stern School of Business, says consumer spending as a percentage of gross domestic product has remained steady, and actually increased as the GDP dipped after the recession."
Faculty News
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![Huffington Post logo Huffington Post logo](/sites/default/files/styles/192w_x_144h/public/assets/images/huffpost192x144.jpg?h=cd55d432&itok=kptAA-t8)
Excerpt from The Huffington Post -- "David Backus, an economics professor at NYU's Stern School of Business, says consumer spending as a percentage of gross domestic product has remained steady, and actually increased as the GDP dipped after the recession."