The fundamental belief for a post-covid economic recovery in the U.S is based on the equation that people saved money while the economy was shut down due to the virus, and that they are ready to spend that money as fast as possible as soon as the economy is fully open again. Is this the case? Though millions of families have struggled to survive during the coronavirus crisis, the average American is in a better financial situation today than they were before the pandemic, with household savings rates up and debt down. Jay Pluimer shares the facts and explores the potential for post-COVID consumer spending in this episode of the Flourish Insights podcast.
Check back next week for more Flourish Insights with Jay Pluimer and don’t forget to check out our insights blog at https://www.flourishinsights.com
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