Business

Illinois consumers change some spending habits amid pandemic

By Washington Examiner
Published June 16, 2020 5:00pm ET
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Illinois consumers change some spending habits amid pandemic
The COVID-19 pandemic is a natural experiment in spending behavior that businesses and academics are watching closely. Illinois’ restrictions on businesses and services eliminated a lot of options to spend money, turning some people into frugal consumers. The uncertainty also prompted spending changes. Dr. Tim Michaelis, a professor of management at Northern Illinois University, said […]

The COVID-19 pandemic is a natural experiment in spending behavior that businesses and academics are watching closely.

Illinois’ restrictions on businesses and services eliminated a lot of options to spend money, turning some people into frugal consumers. The uncertainty also prompted spending changes.

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Consumers COVID-19 Illinois State News