Coronavirus Watch: All consumers not equal | Global

Economies that implemented lockdowns earlier in the year suffered
substantial plunges in consumer spending across the board. But for
household incomes, the period is one of contrasting fortunes.

The plunge in hours worked triggered a notable drop in disposable incomes in Europe, although on a far smaller scale than the fall in hours worked. But elsewhere, most notably the US and Canada, disposable incomes surged.

Download our analysis to find out:

  • The change in household spending since Q2 20202
  • The estimated reduction in hours worked between Q4 2019 and Q2 2020 and its impact
  • Powerful and potentially offsetting trends that
    will continue to influence household spending

Topics: Consumer spending, Coronavirus, Consumer

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