SPEECH - In the speech 'The Road to Recovery and an Atlanta Perspective' Jack Guynn of the Federal Reserve Bank of Atlanta said that this recovery was different from previous ones. The big difference in this recovery, Guynn said, is that there has been no consumer-spending boom. And there's been no boom, in part, because consumer spending never declined in the first place during the 2001 recession.

Source: Federal Reserve Bank of Atlanta

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