As much are customers spending during COVID-19 #infographic

As much are customers spending during COVID-19 #infographic

However, the COVID-19 pandemic has triggered a transformation of trends in consumer spending as we perceive them in the first quarter of 2020. By leveraging new statistics from analytics platform 1010Data, today's infographic dives into 5 million U.S. buyers' credit score and debit card spending over the previous few months.

The start of shifting patron behavior can be determined from February 25 , 2020, as opposed to year-over-year (YoY). As of May 12, 2020, all-class mixed spending dropped by almost 30% of YoY. Here's how it works over the course of two months, in the particular categories.

The emergence of rising consumer behaviour can be detected as measured year-over-year (YoY) from 25 February 2020.

Combined spending in all categories decreased by nearly 30 per cent of YoY as of May 12, 2020. Here's how that shakes out over two months, across the different categories.

COVID-19 has hit the food and beverage sector hard. While many companies switched to delivery services to remain alive, those in fine dining were less able to rely on such a move, spiraling to May 5, 2020 year-over-year by 88.2 per cent.


As much are customers spending during COVID-19 #infographic

infographic by: www.visualcapitalist.com

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