In the latest version of our COVID-19 Monitor Survey, hard-hit consumers look likely to return to pre-pandemic habits in retail.
Editor’s Note (5/13/2021):This article includes findings from ICF’s eleventh wave of data collection that was fielded April 15 – 22. This wave collected 1,000 completes using a census-balanced, national non-probability sample. The new information, shared below, examines the impact of COVID-19 on the American public as well as their attitudes toward slowing the spread of COVID-19 and their current and anticipated future consumer behaviors. Learn more about the ICF COVID-19 Monitor Survey of U.S. Adults.
More respondents reported declining income than increasing income since before the pandemic.
Consumers have been hard-hit by COVID-19. Despite an improving job market, 76.4% of respondents reported that their household income has stayed about the same or decreased since 2019.
Consumers are quite confident in retail and grocery brands’ ability to respond to the pandemic but remain skeptical of restaurants’ responses.
Consumers express a high degree of confidence in retail and grocery brands to deal with pandemic. However, despite a lifting of restrictions in many states and a high degree of COVID-related precaution compliance, restaurant brands fare significantly worse in this measure with 46% of respondents reporting that they have “not very much” confidence or “no confidence at all” in restaurant brands’ ability to deal with the outbreak of the coronavirus.
Pandemic-era grocery shopping habits will likely give way to pre-pandemic behaviors.
A key trend in the pandemic-era grocery space has been an increasing effort on the part of consumers to consolidate their shopping to a limited group of stores. While many have predicted that these habits would continue post-pandemic, our survey respondents report a near-complete anticipated return to the their-pandemic grocery shopping habits.
Watch this space
How will American consumers’ feelings and behaviors change as the summer begins and the national vaccination campaign winds down? We will report key findings from our data collection efforts over the coming months and share this information.