HomeFinanceConsumer demand has been key driver of inflation in the U.S.

Consumer demand has been key driver of inflation in the U.S.

A crane and supports in front of shipping containers at a port

Shipping containers are seen being unloaded in Port Newark, New Jersey, on Aug. 3. Research has found that Americans’ spending during the pandemic accounted for about 60% of inflation from 2019 to 2021. (NYT Photo: Ashley Gilbertson)

August 25, 2022
3:53 pm

Research has found that Americans’ spending during the pandemic accounted for about 60% of inflation from 2019 to 2021.



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