Industries most and least impacted by COVID-19

Industries most and least impacted by COVID-19

Industries that are doing relatively well during Covid-19 in the US (but still an indicator for potential trends in other countries):

  • Vacation rentals are rising — people want to rent places nearby, driveable, to avoid having to travel by air or train. 
  • Sporting goods
  • Luxury goods are recovered quickly
  • Many e-Commerce businesses are doing relatively well

Companies reacted three ways when Covid-19 kicked in:

  • Those who cut investments in eCommerce
  • Those who took a wait-and-see approach
  • Those who increased investments in eCommerce <-- naturally these have a fighting chance in surviving the pandemic

 

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Tags:   Covid-19 Coronavirus pandemic adaptability eCommerce
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