Delta variant fears are beginning to slow spending in key areas

Delta variant fears are beginning to slow spending in key areas

Increased public focus on the Delta variant has coincided with slowed spending in key sectors, according to a JPMorgan (JPM) Research report by senior economist Jesse Edgerton and economist Peter McCrory.

“COVID case counts are still growing rapidly, even in highly-vaccinated states,” the report reads. “Google (GOOG, GOOGL) search data suggest that public focus on the Delta variant has intensified in recent weeks, and Chase card spending in some travel and entertainment categories has…


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