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An economist's quick take on COVID-19 impacts

Part of the That Makes Cents podcast series

What impact could COVID-19 have on consumer spending?

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An economist's quick take on COVID-19 impacts

In this special edition episode, Deloitte’s managing director for Economics, Dr. Patricia Buckley, walks us through the best and worst possible case scenarios for the coming months. Though the current situation is vastly different from previous financial recessions, what lessons from the past can we apply to help navigate the waters ahead? What changes might we see in consumer spending?

For biweekly updates on changing consumer behavior trends, subscribe to Deloitte’s State of the Consumer Tracker. For additional economic insights, see the collection authored by Deloitte’s Global Economist Network.

I firmly believe we will get back to a period where the US economy is growing. But when and how fast—and this is important—what exactly that post-COVID economy looks like are really up for grabs right now.

⁠—Dr. Patricia Buckley, managing director for economics,
Deloitte Services LP

About That Makes Cents

Our consumer podcast, That Makes Cents, dives into what consumers are thinking, feeling, and buying right now. Host and Deloitte leader Bobby Stephens talks with industry experts to help you navigate the evolving consumer industry and prepare for what’s next.

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