How Much We’re Spending During Social Distancing
We know our method of shopping has changed during the pandemic. And according to a study, so has the amount we're spending.
If you are one of the many people who think you're spending less money during the pandemic, a WalletHub study may surprise you. Here are some numbers from that study on social distancing spending...
58 million Americans are spending more money while social distancing.
43 percent of Americans have participated in comfort buying due to social isolation.
57 percent of Americans are concerned about package safety while comfort buying.
Here are the top 5 non-essential purchases being made during the pandemic...
Entertainment...29%
Alcohol...23%
Clothing...15%
Beauty Products...13%
Electronics...12%
Also, 77% of those surveyed did say they are spending less money during the pandemic, but 35% say they have spent between $51 and $100 on comfort items during the pandemic.
You can see all the data from this study, including the methods used to determine the statistics at WalletHub.
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