The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreNov 2020
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
COVID-19 has rocked the US economy, forcing non-essential businesses to close as consumers stay home, leading to an unprecedented spike in unemployment. In March 2020, as the pandemic took hold, Congress passed the CARES Act, which enhanced unemployment benefits by USD600 per week until July.
Consumer response to the economic downturn driven by COVID-19 has largely been to cut discretionary spending across the board. The combination of stay at home orders and industry shutdown has severely limited the opportunity for consumers to spend.
Unlike the Great Recession of 2008-2009, which hit the liquidity of banks and other lending institutions particularly hard, lenders today remain reasonably well equipped to grapple with surging payment deferrals and loan delinquencies from cash-strapped consumers. Some banks offered forbearance on auto and home equity loans early in the COVID-19 crisis, where demand for lender accommodation was high.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
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Discover the latest market trends and uncover sources of future market growth for the Consumer Credit industry in USA with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, with our detailed market analysis and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Consumer Credit industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.
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Why buy this report?
Euromonitor’s Consumer Credit industry reports, originate from our Passport database, to find out more click here.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.