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Does an economic slowdown change consumer spending? If so
how?

Answers were Sorted based on User's Feedback



Does an economic slowdown change consumer spending? If so how?..

Answer / neha

Due to the economic the slowdown many people where taken
out ofjobs. the salaries of the people where reduced. by
this the purchasing power of people reduced and the
spendings came down.

Is This Answer Correct ?    12 Yes 1 No

Does an economic slowdown change consumer spending? If so how?..

Answer / kiran

The sale of all commodities dont come down. The sale of daily essentials will either remain same or may come down slightly.
This mostly applies to luxury products.

Is This Answer Correct ?    0 Yes 0 No

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