Comparing consumer spending for higher and low income households, we might be surprised by which ones rebounded sooner.
There was an unusual spike in demand that began during March 2020. It signaled the beginning of the lockdown: Spirits had the largest gain. But that was not the whole story. Consumer Spending Changes More Our spending patterns changed during…
Because the people in red and blue states prefer the same Halloween candy, we have one holiday that unites us.
As we plan new stimulus spending, we can look back at the CARES Act to see how recipients used their money.
When we use the alphabet to describe an economy recovery from the coronavirus, rather than an “L” or a “V,” some economists now suggest a “K.”
Looking at the first shopping mall and its evolution, we can see how its original concept will now be turned upside down.
When we look at where consumer spending has declined and where we expect to spend in the future, we can ask where recovery spending will come from.
Walmart’s CEO said our buying behavior has shifted during the pandemic. First we cared about toilet paper and sanitizer. Now it’s puzzles, games, hair dye, and beard trimmers. Where are we going? To consumer spending. Shifting Consumer Spending A Timeline…
Because of the coronavirus impact, consumer spending has shifted away from many of the goods and services we normally buy.