How COVID-19 is Impacting Consumer Spending

“With summer quickly approaching and many parents expecting to continue working from home, keeping children busy will become even more of a priority. Parents will be looking for more solutions to keep their kids active and engaged during the summer months, which will undoubtedly bode well for the toy industry overall.”

Juli Lennett Vice President, Industry Advisor, Toys

“For food manufacturers it’s more important today than ever to demonstrate your product’s ability to provide comfort and convenience for consumers. Even those who occasionally used restaurants before the outbreak are relying on their home pantries more often and welcome short cuts for their increased work load in the kitchen. As new appliances are purchased and used more often, there is an opportunity to show consumers how your foods and meal preparation solutions fit perfectly with these new gadgets.”

Darren Seifer Industry Analyst, Food Consumption