U.S. monthly retail sales development during COVID-19 outbreak 2020-2021, by sector
over 60 million COVID-19 cases since the beginning of the pandemic.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Between November and December 2021, total retail sales in the United States had decreased by roughly two and a half percent. The coronavirus pandemic had caused major blows to U.S. retail when it first became a global emergency, i.e., during March and April 2020. As of January 2022, the United States had accounted for Which industries did COVID-19 affect the most?
The COVID-19 crisis caused consumers to shift their spending focus towards necessities: in other words, people in the United States had been spending more on groceries and household supplies. Most other industries, including out-of-home entertainment, restaurants, apparel and footwear stores, saw a substantial decrease in consumer spending as a result of the virus outbreak.Hoarding behavior among consumers
Not only have consumers changed what they buy, there have also been times when shoppers would purchase larger quantities: during the first weeks of the pandemic, hoarding was very prominent among households in the United States. Over the later quarters, pantry filling and hoarding behavior fluctuated, but showed a mostly downward trend.For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.