Commentary

Discretionary Spend Down 50%, But Video, Electronics Outlooks Still Solid


Don’t shoot the messenger, please, but yes -- according to Parks Associates research, U.S. consumers have reduced discretionary spending by a depressing 50% since the onset of the pandemic.

Moreover, “70% of U.S. broadband households believe the economy will need a long time to recover from the COVID-19 pandemic, and …

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