The economy rebounds as consumers save more, spend less

CHICAGO ? There is a paradox in today?s recovering economy, and it is affecting your business whether
you realize it or not. In fact, you might notice it more in your household. William Strauss, senior economist and
economic advisor, Federal Reserve Bank of Chicago, describes the dichotomy of today?s consumers saving vs. spending
the Paradox of Thrift, and it?s affecting today?s economy. He explained the pattern at the 2011 Global Automotive
Aftermarket Symposium (GAAS) on Wednesday morning.