How the Next 4 Years Will Look for Shopping

Economic policies have a direct impact on you—one larger than anyone would expect. When the economy goes into a recession, consumers tend to buy less, but when the economy is in a period of expansion, consumer spending increases. Consumer spending is the amount of money a household spends on final goods and services. This is due to the fact that in a recession, people tend to save more, but the opposite happens in an expansion. This directly relates to the prices of things you buy, something especially apparent in the fashion industry.