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There will be less less close contact and brunches, more electronics, books and creativity.
Consumer spending accounts for 70% of U.S. GDP. Is that going to change soon?
As people see workplaces close, big layoffs and stock market uncertainty, they fear for their financial security.
Consumer spending makes up about 70% of the U.S. economy, so any disruption would have dire effects on growth.
Consumers have been carrying this economy. That may be harder if they’re behind on their bills.
Some recent economic indicators suggest the risk of a recession in the U.S. over the next 12 to 18 months is diminishing.
Will consumers stop propping up aging economic recovery?
Consumer spending accounts for about 70% of gross domestic product.
Consumer confidence has held up well in spite of trade turmoil, tariff threats and market volatility.
Some Chinese consumers are buying less and others are buying local.