Understanding Consumer Shifts: Basic Needs vs. Discretionary Spending

Explore the evolving landscape of consumer behavior as we analyze the shift from discretionary spending to focusing on basic needs. Discover how wellness and fitness trends are impacted and what this means for households today. To watch our full interview with Chad Lusk of the A&M Consumer and Retail Group, head here: https://www.youtube.com/watch?v=pLH5xNlvNbQ&t=4s #ConsumerTrends #SpendingHabits #BasicNeeds #DiscretionarySpending #WellnessTrends #EconomyInsights #MarketAnalysis #HouseholdSpending #FitnessTrends #BehavioralEconomics