COVID-19 Impact on US and China Consumer Behaviour | Prosper Insights & Analytics

(Published - April 30, 2020) In China, people remain confident about current and future economic conditions, which may point to a fast rebound in consumer demand in the second quarter of 2020, according to Prosper Insights & Analytics. 

In comparison, US consumers are more concerned about coronavirus and its impact on the economy. US consumers have responded by shopping less (72.1% of adults 18+), whereas Chinese consumers express a more diversified approach to spending during the pandemic and prefer to shop at less busy times.

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Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

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