Strict “zero Covid” curbs have been smothering growth. After easing them, Beijing faces the twin challenges of rising caseloads and wary consumers.
Tag: Consumer Behavior
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U.S. Gas Prices Are Now Lower Than a Year Ago
A visible symbol of inflation for much of the year, prices at the pump have been driven down by reduced global demand and tumbling oil prices.
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The Personal Saving Rate Can’t Stay This Low Forever.
The party is almost over. That will have serious consequences for the U.S. economy.
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Why Retailers Are Trying Extra Hard to Woo Holiday Shoppers
With an economic slowdown a distinct possibility, stores hope customers’ willingness to open their wallets will last through the season.
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A Holiday Season Divided by Inflation and Economic Struggles
Even if policymakers achieve a gentle economic slowdown, it won’t be smooth for everyone.