Boston Real Estate Investors Association

How Are Consumers Spending Differently During Coronavirus Pandemic?

How Are Consumers Spending Differently During Coronavirus Pandemic?

How have consumer spending patterns changed during the Coronavirus pandemic? The folks over at the Visual Capitalist put together a deep dive into the credit & debit spending of American consumers over the past few months.  They point out that  in 2019, nearly 70% of U.S. GDP was driven by personal consumption, however a transformation of sorts has taken place as the pandemic put the brakes on the economy.  As always, stay safe and have a Happy Friday!!!

Hat tip to the Visual Capitalist.

The post How Are Consumers Spending Differently During Coronavirus Pandemic? appeared first on Real Estate Investing Today.

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