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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況-行業數據

當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況
當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況
情形二：如果美國經濟進入到一個衰退階段，居民消費降級被動的去尋找替代型的產品，那么供給結構將相應出現變化，這將使得美國政府在情形一的基礎上面對更難的局面，即在填補中國等國家的供給缺口情況下，還需要考慮消費者購買力下降和消費降級的現實困難，我們接下來將對這些問題進行詳細闡述。
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第1頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第2頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第3頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第4頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第5頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第6頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第7頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第10頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第13頁
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當前美國經濟的特征呈現服務業高韌性，我們認為未來可能出現兩種情況_第21頁
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所屬報告： 特朗普及關稅系列研究（三）：美國供需視角看關稅“棋局”新解-250421（17頁）.pdf
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