Consumers still support economic reopening but are feeling unsettled as the delta variant spreads Via ForbesAdvisor
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.Covid-19 is throwing Americans’ confidence for a loop, spurring confusion among consumers about the overall state of the economy and their finances.
“These quick up and down movements in consumer confidence are representative of an unsettled public,” says Chris Jackson, senior vice president at Ipsos. “Given we still do not know the impacts the Delta Covid variant may have on the country, I think that unsettled perspective is pretty reasonable.”The Delta variant of Covid-19 is rapidly spreading in many regions of the country, and it’s reminding consumers of the nasty consequences of the virus last fall and winter.
The spread has increased so rapidly that the Center for Disease Control and Prevention recently reversed guidance and advised some vaccinated Americans to wear masks again in schools and public indoor spaces in areas where the virus is surging. President Joe Biden reassured the public that the revised guidance would keep the country from repeating the need for widespread shutdowns as seen last year.
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