Lower-Income Covid-19 Aid Recipients Seen Boosting Consumer Spending

Lower-Income Covid-19 Aid Recipients Seen Boosting Consumer Spending

Containing the virus will make the impact of future stimulus payments much more powerful, according to analysts. Even so, retailers continue to face challenges “because the demand environment is pretty uncertain, particularly on a near-term basis,” said John Zolidis, a retail analyst and president of New York-based Quo Vadis Capital.

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