Part 5/12:
Customer Demand Slump: About 58% cite diminished consumer spending, largely driven by inflation and shifting preferences. This affects retail sectors, online education companies like 2U, and EV battery producers such as Northvolt, which saw interest plummet post-pandemic.
Discretionary Spending Cutbacks: Households, squeezed by inflation, are prioritizing essentials over non-essential goods and services, leading to downturns in airline revenue, retail, and service providers.