According to Goldman Sachs, as of June 2019, the current slowdown has lasted for 18 months, making it the longest since 2006. More than half of the decline in economic activity has been driven by a consumption slowdown, which appears to be broad-based, with components other than auto contributing more than twice the effect of autos to the total consumption decline.
from Times of India https://ift.tt/2UeGT6U
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