INSIGHTS Insights for 3-19-20 By Staff Wednesday, March 18, 2020 9:56 AM "With strict measures restraining social activities now in place to contain the coronavirus outbreak, consumer spending is poised for a severe pullback in coming months."Gregory Daco of Oxford Economics, writing in a note to clients after the Commerce Department reported Wednesday that retail sales in February declined by a seasonally adjusted 0.5 percent, as reported by Dow Jones via Morningstar.