Why consumer confidence is surging – Marketplace

The College of Michigan’s shopper sentiment survey shot up greater than 8% in March to the best stage in a yr (it’s nonetheless about 7% beneath pre-pandemic ranges). Provided that shopper spending makes up about 70% of the financial system, it’s key to the financial restoration from COVID-19. On at present’s present: American consumerism is again. Plus, film theaters are reopening with out their largest moneymaker, the results of sustaining vaccine borders and the way the pandemic modified our notion of privateness.


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