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News@lemmy.world · 7 months ago

Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

cross-posted to:
aboringdystopia@lemmy.world

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Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

cross-posted to:
aboringdystopia@lemmy.world

Consumer spending hit a peak of $85 billion per month last fall.

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Furbag@lemmy.world
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7 months ago
I thought for sure the housing market would implode after the moratorium for evictions during COVID expired.

I was wrong. Corporations just own too much real estate for something like that to make a dent.
- venusaur@lemmy.world
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  7 months ago
  Yeah it’s nuts. And nobody talking about laws to prevent stuff like this.

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