Usa area District Of Columbia Washington, area District Of Columbia city Gallup covid-19 economy All Gallup Headlines Usa area District Of Columbia Washington, area District Of Columbia city Gallup

Consumer Spending Pullback Similar to 2009-2010

Reading now: 998
news.gallup.com

WASHINGTON, D.C. -- Fifty-one percent of U.S. adults say they have been spending less money in recent months than they used to, an increase of nearly 20 percentage points from a year ago.

The last time a majority of Americans reported spending less than usual was in 2009-2010.Gallup first asked Americans about their spending habits in 2009, during the Great Recession.

Consistent majorities in 2009 and 2010 said they were spending less, including a high of 57% in 2010, after the Great Recession had technically ended but at a time of a nearly double-digit unemployment rate.

In subsequent years, fewer Americans indicated they were spending less money, with last year's 32% the lowest in Gallup's trend.The April 14-28 poll finds the percentage

Read more on news.gallup.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA