Young consumers might be more cautious in the future
July 13, 2020 By Will Robinson Filed Under: COVID-19, News
A Colorado State University economist says recent events might change young consumers’ spending habits long-term.
Weiler tells Brownfield he thinks young consumers will be more likely to hold
on to their wallets.
people now have had the great recession and this pandemic in terms of their
background,” he said.
said that’s not something they will forget…
saw two pretty big crisis that we had a difficult time handling,” he said.
said consumer spending won’t fully rebound in the short-term until more
information on the impact and length of the pandemic is available.
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