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Home » Archives by category » Daily Data

Consumer Confidence Stabilizes, But Hides More COVID-Related Vulnerabilities & Pessimism

More charts and analysis at the source: Morning Consult

Millennial unemployment has suffered especially hard due to COVID-19. May put GenX back in economic driver’s seat.

Source: U.S. Labor Dept. data via Washington Post “At the beginning of 2019, millennials became the largest generation in the U.S. full-time workforce, surpassing Gen X. But the coronavirus crisis walloped millennials so disproportionately that they’re probably giving the top generational spot back to Gen X in the next month or two.”

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Calif wine grape growers may avoid glut, achieve sustainable acreage by 2022

Source: Allied Grape Growers via Silicon Valley Bank, “State of the Wine Industry – Special Edition”– May 21, 2020

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The huge COVID increase in online wine sales could be peaking

Source: Silicon Valley Bank, “State of the Wine Industry – Special Edition”– May 21, 2020

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22% volume growth needed to rebalance the COVID-19 effect on alcohol sales: Nielsen

Source: Nielsen

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Lighten up! Consumers are fed up with somber “these uncertain times” advertising!

Source: Morning Consult

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Sad restaurant reopenings so far: Wary patrons shy away

Source: OpenTable via Economist

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Even as Hoarding Declines. Americans Keep Clicking to Buy. These Are The New Online Winners

Sources: Earnest Research via New York Times

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Move over Millennials: GenZ has arrived! Could that be bad news for wine?

Higher education has long been associated with increased wine consumption. Will economic conditions worsen that even more than it did with Millennials? Source: Pew Research Center

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Commercial real estate sales, leases, financing & construction all brutally bushwhacked by COVID-19

Source: realquantum

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