BEP60 | Are Consumers Cutting Back Their Spending?

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 backstubbornlycampdiscriminatingday-to-day spendingpre-pandemicto stabilizeto feel a pinchDepartment of LaborConsumer Price Index (CPI)Federal Reserve Chairto run throughstimulus checkTransUnionPlease subscribe to Business English Power in Apple Podcasts, iTunes, Spotify, and everywhere you listen to podcasts.If you have any questions and/or suggestions for the show please e-mail me directly at:AL at BUSINESSENGLISHPOWER dot COMOn 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.Level up your LearningLevel up your LifeSend a text