Consumer Spending and the COVID-19 Pandemic

The onset of the COVID-19 pandemic changed consumer spending habits. The January 2021 issue of Page One Economics® reviews how people substituted meals purchased at restaurants with meals cooked at home. Also, people traveled less and the demand for hotel services decreased. As a result, both employment and prices declined in the leisure and hospitality industry.

•  High School / College Student Edition (pdf)

•  High School / College Student Edition (html)

Teachers: Visit the Reading Q&As in our Econ Lowdown Teacher Portal to find the high school/college teacher editions (including an answer key) for this issue; to assign an online version of the student materials; and to collect student scores on the questions.

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Education Level: 9-12 College Non-educators
Subjects: AP Economics Economics
Concepts: Demand Supply Business Cycle Economy
Resource Types: Publication Lesson
Languages: English