Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector
Enterra Insights
AUGUST 31, 2023
For example, spending on clothing and cosmetics dropped while spending on home goods and staples rose. Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. Fortunately, the deep recession that many economists predicted didn’t emerge.
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