Consumer spending remains 23% higher than pre-virus
from Packaging World
NCSolutions has released data showing average household grocery spend has fallen since the COVID-19 extreme buying peak but still remains elevated at 23% higher than pre-pandemic levels. According to NCS data, consumers entered the preparedness buying stage on Feb. 24. March 10 marked the shift to extreme buying, with American household grocery spending rising to 35% more than pre-COVID-19 levels.
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