consumer spending

“The most likely explanation for our findings is that Black—and to a lesser extent Hispanic—families were more concerned about the health risks associated with in-person schooling than white families. This is consistent with the fact that nonwhite...

Justin Wolfers, Marketplace: Downbeat indicators don’t tell the whole story. Take consumers, said Justin Wolfers, an economics professor at the University of Michigan. They might say they’re pessimistic about the economy. “But if you look at what...