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How consumer spending fared so far through 2020

Posted Bya Luxury Daily columnistOn In Columns,Featured,Industry sectors,News,Opinion,Research,Retail | No Comments
The biggest decline this quarter was in consumer spending on services, down 13.3 percent, led by steep drops in expenditures on health care, transportation services, recreation, travel and dining out The biggest decline this quarter was in consumer spending on services, down 13.3 percent, led by steep drops in expenditures on health care, transportation services, recreation, travel and dining out

 

By Pamela N. Danziger