October – November 2020

U.S. Economic and Market Highlights

THE ECONOMY:

  • The holiday shopping season will be a mixed bag from an economic point of view. Retailers are monitoring the latest public-health data as they continue to navigate the pandemic and its impact on consumer confidence and shopping preferences. Ultimately, a bifurcated, K-shaped recovery means some shoppers are ready to spend while others are holding out for the best value this holiday season.
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