Behavioral Economics

ResessionThe pundits are suggesting that the economic recovery will be far slower than they had originally anticipated. Despite the slug of government money and programs, the consumer is the chief factor in determining how deep and how long this recession will be. Despite moderately good news on the stock market and employment sector, consumers remain cautious and are choosing to pare down debt and save rather than extend credit and spend. This is a gloomy picture considering that consumer consumption accounts for roughly seventy percent (70%) of the GDP.

Tisha Black-Chernine, Esq.

Be Sociable, Share!

No related posts.

Tagged with:

Leave a Reply


The information contained on this website is designed to enable you to learn more about the services that Black & LoBello offers to its clients. These materials do not, and are not intended to, constitute legal advice, nor are they intended as a source of advertising or solicitation. Your use of this website does not create or constitute an attorney-client relationship. You should not consider these materials to be an invitation for an attorney-client relationship. Further, you should not rely on the information provided on this website without first obtaining separate legal advice.

Tisha Black Chernine awarded for
Mountain States Rising Stars 2011

Michele T. LoBello awarded for 
Nevada Super Lawyers 2007

Black & LoBello is an AV® Preeminent rated, locally owned, full service law firm in Las Vegas, Nevada.