Consumers Saved $2.9 Trillion During Lockdown

$2.9 trillion

“Consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash hoard that creates the potential for a powerful recovery from the pandemic recession,” Bloomberg reports. “Half that total — $1.5 trillion and growing — is in the U.S. alone.”


Leave a Reply

Your email address will not be published.