I noticed that consumption expands modestly, which is also on that same page, as one of the outcomes or part of the forecast. I know that consumption patterns are really important. Gas prices have eroded purchasing power. There are targeted supports that the federal government has offered such as the groceries and essentials benefit and temporary suspension of the fuel excise tax.
I'm trying to balance...how the government's fiscal policy can counterbalance some of these trends we're seeing throughout the economy, where consumer purchasing power is down and being eroded by oil price shocks that are affecting consumers at the pump. Are those temporary measures going to get us through and counterbalance some of the erosion of consumer purchasing power?
