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  "documentTitle": "US consumers send mixed signals in an uncertain economy",
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  "notes": "The chart illustrates the 'homebody economy' shift and subsequent recovery of services spending.",
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      "text": "It's a different story with services. Consumer spending on services fell in 2020 as people locked down and spent their money on home goods instead. However, the homebody economy began to shift in mid-2021 as COVID-19 restrictions lifted.",
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      "text": "Driven by optimism, consumers are still spending, but cautiously. Conventional wisdom holds that consumers get skittish and pull back on spending if they fear a recession coming. But respondents to our survey have continued to spend, despite economic headwinds.",
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      "text": "Source: US Bureau of Economic Analysis; McKinsey analysis",
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