Consumer Confidence Rising, Curbside Pickup Down: Resonate
Consumer confidence in the economy is rising, with one in four Americans believing the economy will fully rebound from the pandemic by August, 60% estimating November-February, reported Resonate Wednesday. Concerns over health and economic consequences fell 15% since May. In-store…
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shopping grew 25% from the May report; curbside pickup was down 26% since January. Nearly 40% say they would shop in-store to avoid shipping costs. Some 27.8% say they would return to in-person shopping for electronics vs. 24.4% in late April. Nearly 60% say they're vaccinated. Nearly 24% say they're slightly or not at all likely to get such a vaccine. The Centers for Disease Control and Prevention reported 45.3% of the population as fully vaccinated through Tuesday, with 53.5% having received at least one dose. A quarter of Resonate respondents expect business travel to return to pre-pandemic levels by September, up a point from May, and half of respondents expect life to return to normal within six months.