Consumers more confident, but future still a concern | Visa


Consumers grow more confident, but still have concerns about the future

Economic concerns could hinder consumer spending through the remainder of 2021.


A bar chart showing the percent of consumers who thought the economy will get worse. See consumer economic concerns image description.
Bar chart showing the percent of consumers who thought the economy will get worse increased from 41% in January 2020 to 70% in April 2020 and back down to 49% in January 2021, while those who said their savings or investments will decline went from 30% to 55% to 32% respectively, and those who thought they would lose their job went from 15% to 30% to 19% respectively.
A pie chart showing surveyed consumers thinking it will take more than a year for the economy to recover. See when economy will recover description.
Pie chart showing that 61% of consumers surveyed think it will take more than a year for the economy to fully recover, 24% think it will take one year or less and 15% think it will never fully recover.