Since the start of the recession in December 2007, American consumers have spent $7,300 less, on...

|By:, SA News Editor

Since the start of the recession in December 2007, American consumers have spent $7,300 less, on average, than what they would've spent if the recession never happened. Real per-person spending, while having rebounded from its 2009 bottom, is still 1.6% below pre-recession levels.