consumer spending

Consumer Spending on the Rebound

Consumer spending as a whole is set to rebound strongly post Covid19. However, the recovery is likely to be uneven with high-income households with members who could work remotely being in a better position to spend.

Low-income households will likely not return to 2019 spending levels by 2024, especially US families that have lost jobs and face income uncertainty.

Full article: https://lnkd.in/dxs6bcG

Source: HBR