Remove tag retail budget 2024
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Face-To-Face V.2021: What Zoom Teaches Us About The Connected Economy

PYMNTS

Given its hefty price tag and IT requirements, the technology was installed in conference or board rooms and not individual offices. Even in the throes of the Great Recession in 2009, executives still traveled, even if their budgets were somewhat clipped. Some say it will take until 2024 for business travel to snap back to 2019 levels.

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Transcript: Gary Cohn

Barry Ritholtz

It had gone from a fairly, fairly heavy retail business to a very institutional business. There’s ways around that during reconciliation for budget bills and things like that. People that shop at the, at the big box retailers, the Walmarts, ’cause they import a lot of their goods. Yeah, exactly.

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