The United States responds to the virus spreadingIn an attempt to slow the spread of the virus, many states have now begun to temporarily close schools, bars, restaurants, and movie theaters, ban large public gatherings, and encourage workers to work from home. As a growing amount of people feel increasing concern, behavior seems to be changing. People are less likely to go to public spaces such as shopping malls, and are spending more at wholesale club retailers.
Potential effects of COVID-19Social and economic impacts are already felt by many as day-to-day life slows to a stop in numerous places around the world during work-from-home initiatives and quarantines. International trade, international travel, and the global economy have been struck by flight cancellations, postponement of public events, and falling stocks. Individuals are increasingly fearful that the outbreak will personally affect their financial stability.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.