Although the pandemic continues, shoppers are still eager to spend. From Newsweek, “Last year, according to the Census Bureau, shoppers spent more than $7.4 trillion on retail, including food, gas and autos, which was up 19 percent from 2020 and surpassed pre-pandemic levels.” What trends have shaped the economy? Consumers are back to buying clothing, accessories, and restaurant meals. Additionally, in 2021, luxury goods spending also increased.

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