Faculty News

Professor Priya Raghubir explains how stock market volatility impacts consumer spending

Excerpt from the Associated Press -- "When consumers start feeling uneasy or less wealthy, they forgo or postpone the big discretionary items on their budgets, says Priya Raghubir, a marketing professor at New York University's Stern School of Business. 'Large expenses such as home renovations, cars, all of those could be put on hold,' Raghubir says."

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