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 transformation of consumer purchasing patterns as we view them in the first quarter of 2020. By leveraging new statistics from 1010Data analytics platform, today's infographic dives into the credit score and debit card spending of 5 million U.S. purchasers over the previous few 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 particular categories, here's how it works over the course of two months.

From 25 February 2020, the emergence of rising customer behaviour can be identified as measured year-over-year (YoY).

As of May 12, 2020, combined spending across all categories decreased by almost 30 per cent of YoY. Here's how that shakes across the different categories over the course of two months.

COVID-19 struck the beverage and food industry really hard. While many businesses switched to delivery services to keep alive, those in fine dining were less able to rely on such a move, 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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