Macro Waves
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In 2026: Consumption to rebound in the Eurozone and to modaterate in the US?

Dela

Hello, everyone, and welcome to another episode of Macro Waves, the BNP Paribas Economic Research podcast. Today, we're looking at household consumption, which remains the main driver of growth in both the Eurozone and the United States. As we all know, household consumption suffered a major negative shock during the COVID-19 pandemic. Since then, growth has remained very moderate in the Eurozone, while it has accelerated sharply in the United States. After the pandemic, the inflationary crisis and contrasting economic policies of recent years, where do we stand on either side of the Atlantic?

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