048 – Economic Development Secrets – COVID-19 Consumer Spending Impact

In light of the current COVID-19 pandemic, we recorded a very unique episode of the Economic Development Secrets Podcast featuring Paul Scheuren, Principal and Economist at Impact DataSource. Paul discusses how consumer spending helps us illustrate what is happening to the economy. He describes what types of spending we expect to go down, up, or be put off during the current lockdown and how it may be impacted during future recovery. Paul introduces Impact DataSource’s new COVID-19 Consumer Spending app that help economic developers analyze these trends in their local economy.