More paint jobs, fewer pantsuits. More meal kits, fewer manicures.
The Covid-19 pandemic has changed our lives and altered our spending patterns. Americans are staying home more, traveling less and occupying themselves in different ways. The Wall Street Journal analyzed credit-card data from Earnest Research to understand and document the shifts in food, clothing and entertainment purchases over the past year.
Food-delivery spending has more than doubled compared with a year earlier, and all major delivery companies saw revenue swell. Meanwhile, fine-dining restaurants—especially local eateries—continue to struggle, despite some places building elaborate outdoor dining setups to lure customers, including single-table igloos.
Clothing and Self Care
After an initial plunge in clothes, consumers invested more in athletic and athleisure apparel. And with a significant percentage of office workers still working from home, spending on professional attire and footwear has remained low.