Recession vs Pandemic: A Data‑Backed Comparative Study of US Consumer Behavior, Business Resilience, and Policy Responses
Recession vs Pandemic: A Data-Backed Comparative Study of US Consumer Behavior, Business Resilience, and Policy Responses
The 2024 US recession mirrors the COVID-19 pandemic in three core ways: consumers cut discretionary spending at similar rates, a comparable share of small businesses struggle to stay afloat, and policymakers rely on large-scale