Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector
Enterra Insights
AUGUST 31, 2023
Consider that there are 70 million more credit card accounts open now than there were in 2019, before the pandemic.” According to anonymized and aggregated account data tracked by the Bank of America Institute, the median savings and checking balances were at least 30% higher in July than they averaged in 2019.
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