BEP60 | Are Consumers Cutting Back Their Spending?

Business English Power

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On the 60th episode of Business English Power, ALsensei goes over the following business news article:
"Are consumers pulling back on spending? It depends on which CEO you ask"

Do you think American consumers are spending more than before? Or do you believe that they are spending less? Well, it depends on the data and the types of goods. Find out how consumers are spending their money on this week's Current Events episode!
Link to article: "Are consumers pulling back on spending? It depends on which CEO you ask"
Here are useful vocabulary from the article:
to pull back
stubbornly
camp
discriminating
day-to-day spending
pre-pandemic
to stabilize
to feel a pinch
Department of Labor
Consumer Price Index (CPI)
Federal Reserve Chair
to run through
stimulus check
TransUnion
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On Business English Power, I help you express yourself more naturally and smoothly. We talk about how to make your Business English sound more natural, attain a Global Mindset, and apply powerful Success Principles.

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