Home Views Covid-19

The varieties of consumer revival

Jaana Remes and Sajal Kohli
Jaana Remes and Sajal Kohli5/21/2021 7:0 AM GMT+08  • 5 min read
The varieties of consumer revival
McKinsey Global Institute believes consumer spending will rebound rapidly after the pandemic.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Photo: Shutterstock

One of the most striking features of Covid-19 is its uneven effect. Many people remain healthy, while others have become seriously or even fatally ill. The pandemic’s economic impact has been similarly unequal, with some households being spared any financial hardship and others struggling or even wiped out.

Those differences matter as we look forward to the post-pandemic economic recovery. Although consumer spending accounts for about two-thirds of economic activity, it is a mosaic, not a monolith.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.