What are the current trends in consumer spending?
An example of an AI chatbot conversation about trends in consumer spending.
What are the current trends in consumer spending?
Currently, consumer spending is shifting towards online shopping, sustainable products, and experiences over goods.
How has the pandemic affected these trends?
The pandemic accelerated online shopping and increased demand for home-related products, while travel and dining out saw a decline.
Are there specific demographics driving these trends?
Yes, younger consumers, particularly Millennials and Gen Z, are more inclined towards sustainability and online shopping.
What do you think will be the future trends in consumer spending?
Future trends may include a greater focus on health and wellness, personalized shopping experiences, and continued growth in e-commerce.
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