The slump in housebuilding has proved deeper and more protracted than expected and there are worries that it could spill over into other areas of the economy, like consumer spending.
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The slump in housebuilding has proved deeper and more protracted than expected and there are worries that it could spill over into other areas of the economy, like consumer spending.
住宅市场的暴跌则比预期的更猛烈,时间也更长,已经有人开始担心这会影响到其他领域,比如消费市场。
Spending on consumer durable goods like autos dropped precipitously in 1930.
1930年,类似汽车这样的耐用消费品支出急剧下跌。
As everyone in the West knows to their cost, nothing puts a stop to consumer spending like a falling housing market.
房地产市场萧条,消费基本停滞,对于这一点,西方人人都有切肤之痛。
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