Thursday, September 24th, 2020
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Tag Archives: Consumer spending

What Do Consumers Buy During The Age Of COVID-19?

REUTERS, SEPTEMBER 1, 2020 What’s in the containers these days? What are consumers buying? Lots of coffee, ketchup and Nike Air Max. Expensive raincoats? Not so much. (Reuters) – Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out. Welcome to America’s pandemic consumer economy. …

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Trudeau’s Covid Aid Pays Off With Consumer-Spending Rebound – BLOOMBERG

Justin Trudeau speaks during a news conference outside his Ottawa residence

BLOOMBERG, JUNE 25, 2020 Government’s C$2,000 stipend helped cushion initial blow | ‘We didn’t expect it to come back that fast,’ Royal Bank of Canada’s CEO says By Doug Alexander for Bloomberg – Consumer spending in Canada rebounded sharply in the first half of June, thanks in part to tens of billions in government benefits paid to sidelined workers. Consumer purchase …

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