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 December 10, 2024, 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 December 10, 2024. 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: December 10, 2024. 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 December 10, 2024)
Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category (in U.S. dollars) [Graph], TD Ameritrade, May 26, 2020. [Online]. Available: https://www.statista.com/statistics/1221558/savings-caused-by-covid-19-us/