Update 719 — Discretionary to Discount: Consumer Spending Trends and Trajectory
It is safe to say the resilient U.S. consumer has kept the economy from flirting with recession. And again in June, consumer spending increased by 0.5 percent over May, and again, up faster than disposable income. During and shortly after the pandemic, consumers splurged on a range of discretionary items — home gym equipment, patio …
Update 719 — Discretionary to Discount: Consumer Spending Trends and Trajectory Read More »