ILLUMINATION
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ILLUMINATION

Consumer Reaction to the Pandemic Shutdown Shock

A Discussion “Initial Impacts of the Pandemic on Consumer Behavior”

A hand-written sign in a store front saying we are now closed
Photo by Tim Mossholder on Unsplash

Here is an early look at the impact on consumers’ income, spending and savings behavior from the dreadful economic shock of the coronavirus pandemic and shutdown.

As an economist, I never would have said it was possible to shut down the economy, so I watched in horrified awe as it…

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Ellen Clardy, PhD

Ellen Clardy, PhD

Professor of Economics at Houston Christian University since 2010 — Want help with econ basics? Search Dr. Clardy on YouTube.