The coronavirus pandemic has changed the way millions ofAmericans purchase goods. A new survey shows that even when thepandemic is over, consumer spending will look different thanbefore.

Post-pandemic, consumers are expected to spend less moneyon various forms of entertainment, including concerts,movie theaters, dining out, gym memberships and more, according toa poll released by creditcards.com.

Of the survey respondents, 45% said they would cut backon tickets for movies, sporting events, concerts andtheater, while 44% and 38% of survey respondents said theywould pare down spending at bars and restaurants, respectively. 31%of respondents said they will spend less on gym memberships, 28%said they will spend less on childcare, 24% said they would spendless on hair cuts and styling, 24% said they would spend less onhousekeeping, and 14% said they would spend less on charitydonations when the pandemic is over.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Samantha Stokes

Samantha Stokes, based in New York, is a staff reporter at American Lawyer covering the business of law. You can reach her at [email protected] or on Twitter: @stokessamanthaj.