Among the most keen customers, half of cinema and gym-goers would pay more.The reopening of retail and leisure could not have come at a better time.
Kien Tan
Hospitality and Leisure Leader, PwC United Kingdom
The preliminary reading of the consumer-sentiment survey rose to 78.9 in June from 72.3 in May, marking the second straight increase, the University …
Please log in to access our additional functions The Consumer Price Index for July 2020 is scheduled to be released on Wednesday, August 12, 2020 at 8:30 a.m. (EDT). The University of Michigan's consumer sentiment for the US fell to 73.2 in July of 2020 from 78.1 in June, well below market forecasts of 79, due to the widespread resurgence of the coronavirus, preliminary estimates showed. Research & Analysis Release date Jul 1, 2020 Big Mac index - global prices for a Big Mac 2020 Consumers are unwilling to pay for this, with half refusing to pay a premium for a guaranteed higher standard of safety.However, some consumers, especially younger ones, would pay more for extra safety in certain circumstances. Average annual consumer spending, by type U.S. 2018Percentage of change in annual U.S. consumer expenditure 1990-2018Percentage of change in annual U.S. consumer expenditures, by type 2018Average annual consumer spending, by region U.S. 2018U.S. Show source He added that, while most consumers believe that economic conditions could hardly worsen from the shutdown of the national economy, prospective growth in the economy is tied more closely to progress against the coronavirus.In the first half of the month, consumers appear to have subscribed to the idea that the sharp decline in U.S. economic activity due to the COVID-19 outbreak was so bad that it can only get better.
But most people expect operators to put in place precautions such as limiting customer numbers, reconfiguring space to allow social distancing and regular cleaning.Despite temperature checks commonplace in other countries, Britons would rather see staff regularly tested for COVID-19.
Quick Analysis with our professional Research Service: The index of consumer confidence rose to 98.1 this month from a revised 85.9 in May, the Conference Board said Tuesday. After a sudden decline Despite lockdown restrictions being lifted at different speeds, there is little difference in UK-wide results, with Scotland marginally more positive than the UK average and Wales and Northern Ireland slightly more negative.The key differences are demographic, with 18-24 year olds once again the most optimistic age group (+24) and 45-64 year olds the most pessimistic (-24).Disposable income is not a current concern for most consumers, which is positive news for the reopening of leisure businesses. BRUSSELS (dpa-AFX) - The University of Michigan's final consumer sentiment index for July has been released at 10:00 am ET Friday. Social media - Statistics & Facts OPEC oil price annually 1960-2020 As the international response continues,...Retailers must look to the future for ways to embed resilience, capitalise on consumer trends and integrate different business models.Lockdown has had a significant impact on travel, leisure and tourism. For details, please see your browser’s Help section (by pressing F1). Customized Research & Analysis projects:
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