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Stimulus Update: Have Leftover Stimulus Funds Been Helping Us Avoid a Recession?

Stimulus Update: Have Leftover Stimulus Funds Been Helping Us Avoid a Recession?

For much of 2022, economists made a point to warn consumers about a potential 2023 recession. Last year, consumers were told -- repeatedly -- to boost their savings and pay off debt ahead of a potential economic downturn. Leftover stimulus funds, however, could be the reason why.