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Food & Dining
As shelter-in-place orders left many Americans with extra time for home cooking, a closer look at meal kit companies operating in the U.S. reveals which companies benefited the most from the lockdown demand surge.
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Food & Dining
Even staple categories like grocery are facing upheaval as COVID-19 continues to impact U.S. consumer spending. While grocers themselves have seen some shifts in spending behavior, the largest change has taken place among delivery services, which saw sales increase 146 percent year-over-year.
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Food & Dining
After sheltering in place for weeks, American consumers are warming up to the idea of dining out, opening both their mouths and wallets to restaurant chains across the nation. As some states begin phased re-openings, spending at quick-service restaurants year-over-year has grown in many states, especially those where shelter-in-place orders have been lifted. Meanwhile, year-over-year sales at full-service restaurants are still down nationwide.
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Food & Dining
In response to the coronavirus pandemic, the U.S. government has begun issuing economic impact payments via the IRS to qualifying Americans. These cash infusions are helping U.S. consumers cover their basic expenses as well as stimulating the economy at large. By identifying members of our U.S. consumer panel who have received a payment, our latest analysis measures the relative impact of stimulus on spending behaviors.
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Food & Dining
The coronavirus continues to impact Americans’ daily lives as many face the stark reality of shelter-in-place orders and a volatile financial market. By analyzing consumer spending, our transaction data can surface U.S. spending trends in near-real time to provide insights in these unprecedented times.
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Food & Dining
The sandwich broke recent sales records and attracted new customers, and sales remain elevated, even weeks after the foodie phenom ran out.
