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Appreciation Quote by Janet Yellen

“U.S. economic activity continues to expand, led by solid growth in household spending. But business investment remains soft, and subdued foreign demand and the appreciation of the dollar since mid-2014 continue to restrain exports.” quote by Janet Yellen
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“U.S. economic activity continues to expand, led by solid growth in household spending. But business investment remains soft, and subdued foreign demand and the appreciation of the dollar since mid-2014 continue to restrain exports.”

Janet Yellen

About This Quote

Source Speech: Economic Outlook, 2023

U.S. economy grows via consumer spending, but weak business investment, low foreign demand, and a strong dollar limit exports.

In simple terms: Consumer spending drives growth, but other factors hold back exports.

Key Takeaway

Diversify economic drivers.

Themes

economics growth trade

Mood

analytical concerned

Type

economic policy

When to use this quote

  • policy making
  • business strategy
  • export planning

Key Concepts

consumer behavior investment trends

Questions to Reflect On

  • How can business investment be stimulated?
  • What policies can boost foreign demand?
A Different Perspective

Reliance on consumption can be unstable.

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