The coronavirus epidemic has reshaped local economies across the country, as consumers respond to social distancing recommendations and business closures, a report by Yelp out Friday indicates.
What's happening: In just a week, consumer interest has shifted away from dine-in restaurants and nightlife, and toward interest in buying guns, booze and water.
Details:
- Restaurants and nightlife, in particular, have seen a drop, as people look to avoid large groups of people. Per Yelp's data, consumer interest in the industries has dipped 54% and 69% respectively.
- That comes as food delivery has seen a 59% increase, and interest in buying direct from farmers has increased 405%.
- Interest in buying guns has risen 360%, and in buying water by 166%.
- As gyms around the country close, interest in home fitness equipment has spiked 344%. Interest in parks has increased 53%, while hiking has climbed 116%.
- Meanwhile yoga has sagged 38%, while martial arts and bowling have declined 33% and 43% respectively.
Of note: Both coasts, particularly the Northeast, have felt the effects more than the Midwest and Southeast.
Methodology: The analysis measured consumer interest by gauging the actions people took to connect with businesses on Yelp, like viewing business' pages or posting reviews. The data was gathered between March 8 and 18 and was limited to U.S. users.
Go deeper: The coronavirus outbreak could hit every sector of the economy
