Americans may hit pause on shopping while awaiting election results

November 5, 2020

The current state of the election, which has Americans awaiting vote tallies, has some concerned that consumer spending, which represents two-thirds of the U.S. economy, will slow down if a resolution is not forthcoming. “Consumers generally do not like uncertainty in any form and tend to pull back on spending during unpredictable times,” said Vivek Pandya, senior digital insights manager at Adobe.

Recent News