Observing the lockdowns’ economic impact, two University of Chicago economists compared consumer traffic in places that did and did not shelter in place.
Global lockdowns have created supply problems for Belgian French fries and French cheese because households cannot make up for decreased commercial demand.
Because of COVID-19 lockdowns, we care more about those unclear food expiration dates that let us know when to trash what we store in the refrigerator.
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…
Looking more closely at the lockdown, we can identify the kinds of jobs that involve working remotely and where they are located.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
