The importance of consumption: Lack of revenue causes the economy to plummet

The COVID-19 pandemic has caused substantial issues for people around the world.  As college classes are moving online, businesses are closing and people are staying home, the United States economy is taking a large hit.  Around 70% of the U.S. economy is made up of consumption, Travis Letellier, USD visiting economics instructor, said. Letellier explained consumption […]

3 mins read