Team Insights
April 13, 2021
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April 13th, 2021- 12:30 PM
Consumer spending represents 70% of the United States GDP (gross domestic product) and fuels most developed service-based economies.
Measuring consumer spending is straightforward, however, due to the scattered human nature of consumers, predicting the future spending habits of consumers is much more difficult.
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December witnesses a marginal rise in consumer sentiment, progressing by a point
November sees a continued upswing in consumer confidence
Consumer confidence experiences a two-point boost in October
