Kriti Gupta

Government, Business

American Consumer Momentum Wanes Just in Time for the Holidays

American Consumer Momentum Wanes Just in Time for the Holidays Shoppers walk through the Urbanspace Union Square Holiday Market in New York (Gabby Jones/Bloomberg)

The American consumer has held strong since last year’s COVID-driven spending pause, as their purchases helped power the global economic recovery. But that momentum may be fading as the holiday season approaches.

Kriti Gupta | Bloomberg News
December 15, 2021