Examining the Post-Pandemic Economy
As the pandemic recedes and people have more opportunities for entertainment experiences, the spending trend could potentially reverse and create demand for services such as travel, live entertainment and dining.
While sheltering in place during the pandemic, Americans engaged in a feeding frenzy on consumer goods that helped fuel inflation. Consumers now appear positioned to shift their spending to restaurants, travel, entertainment and other services as the pandemic recedes. This dramatic shift could potentially create attractive opportunities for innovative companies that are best positioned to benefit from the economy reopening and it could help counter inflationary pressures.