Probably a stupid question about consumers

Kevin Robert Dean qualiall_2 at yahoo.com
Fri Jul 13 06:50:40 PDT 2001


A recent article on CNNFI.COM stated that consumer spending accounts for 2/3rds of the economy--I am under the assumption that by "consumer", CNNFI means the American consumer.

Am I wrong in this assumption? Or do economists count foreign trade differently? Are foreign conumers included in this number? If not, can we actually believe that American conumers by themselves acount for the 2/3rds?

===== Kevin Dean Buffalo, NY ICQ: 8616001 http://www.yaysoft.com

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