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Consumer Spending Unlikely to Gain Momentum in Early 2020

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

U.S. consumers have dialed down their short-term expectations in connection with concerns about the availability of jobs. Any sense that jobs are plentiful and easy to get tends to raise confidence levels, and help with consumer spending. But in the December reading of the Consumer Confidence Survey, the concern wasn’t over a worsening economy and…

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