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17 May. 2021 | Comments (0)
Why did global consumer confidence reach record levels in Q1 2021? What does this mean for global growth, and what are the regional developments? More specifically, what have been trends in the US regarding health and wellness, spending on food, and investments? What can we expect in the near future? Join The Conference Board’s Chief Economist Dana Peterson and Senior Researcher Denise Dahlhoff as they discuss these and related questions.
Learn how the lightening in moods among consumers globally bodes well for spending throughout the remainder of the year as economies continue to emerge from the pandemic-induced economic downturn and work towards arresting the spread of the coronavirus. As consumption is a significant contributor to growth among many mature economies, the positive consumer attitudes and behaviors at the start of the year support The Conference Board’s upwardly revised expectation of 5.2 percent real GDP growth for the global economy in 2021.