Household consumption patterns went haywire during the early stages of the coronavirus pandemic. These charts illustrate the losers—and a few winners.
U.S. airlines consider shutting down passenger flights in the country, the White House discusses easing social-distancing measures, and China plans to lift the mass quarantine on Wuhan. WSJ’s Jason Bellini has the latest on the coronavirus pandemic. Photo: Nick Oxford/ReutersU.S. household consumption patterns have gone haywire during the early stages of the global coronavirus health crisis.
A Wall Street Journal analysis of high-frequency data from a range of U.S. industries showed sharp declines in spending on hotels, restaurants, airlines and other travel, while spending boomed in other areas including groceries, general merchandise stores, gun and ammunition shops and marijuana suppliers. Mortgage applications surged as interest rates dropped, new car sales in many cities fell and consumers...
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