As much are customers spending during COVID-19 #infographic

As much are customers spending during COVID-19 #infographic

The COVID-19 pandemic has, however, caused a change in consumer purchasing patterns as we view them in the first quarter of 2020. By leveraging new information from 1010Data analytics platform, today's infographic looks into the credit score and debit card purchases of 5 million U.S. purchasers over the past several months.

As compared to year-over-year (YoY), the start of changing patron activity can be calculated from February 25 , 2020. As of May 12, 2020, all-class combined spending dropped by approximately 30 per cent of YoY. In the different terms, here's how it works over the course of two months.

From 25 February 2020, the advent of rising consumer behavior can be identified as measured year-over-year (YoY).

As of May 12, 2020, cumulative spending in all segments decreased by almost 30 per cent of YoY. Here's how it plays through the various groups across the course of two months.

COVID-19 struck the beverage and food industry really hard. Although many businesses turned to delivery services to stay alive, many in fine dining were less able to rely on such a change, spiraling to 88.2 per cent year-over-year on May 5, 2020.
As much are customers spending during COVID-19 #infographic

infographic by: www.visualcapitalist.com

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