To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Saturday, June 25, 2022

Observercast

The Terrified American Shopper

on

BY FROMA HARROP Americans who shopped till they dropped have stopped. Per capita consumption is down for two straight years, according to Booz & Company’s new study of U.S. spending behavior. That hasn’t happened since the Great Depression. The consulting firm asks the big question: Has this recession changed American spending habits in lasting ways? […]
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Arnold Hamilton
Arnold Hamilton
Arnold Hamilton became editor of The Observer in September 2006. Previously, he served nearly two decades as the Dallas Morning News’ Oklahoma Bureau chief. He also covered government and politics for the San Jose Mercury News, the Dallas Times Herald, the Tulsa Tribune and the Oklahoma Journal.