In 2020, households in the United States were able to save on average 5,693 U.S. dollars on major purchases due to the coronavirus (COVID-19) pandemic. This was by far the category where American households saved the most during the pandemic. Vacations and trips followed, with average savings amounting to 1,411 U.S. dollars.
Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category
(in U.S. dollars)
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TD Ameritrade. (May 26, 2020). Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category (in U.S. dollars) [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/1221558/savings-caused-by-covid-19-us/
TD Ameritrade. "Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category (in U.S. dollars)." Chart. May 26, 2020. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/1221558/savings-caused-by-covid-19-us/
TD Ameritrade. (2020). Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category (in U.S. dollars). Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/1221558/savings-caused-by-covid-19-us/
TD Ameritrade. "Average Savings during The Coronavirus (Covid-19) Pandemic in The United States in 2020, by Expenditure Category (in U.S. Dollars)." Statista, Statista Inc., 26 May 2020, https://www.statista.com/statistics/1221558/savings-caused-by-covid-19-us/
TD Ameritrade, Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category (in U.S. dollars) Statista, https://www.statista.com/statistics/1221558/savings-caused-by-covid-19-us/ (last visited June 28, 2022)
