{"id":390981,"date":"2020-12-01T12:45:19","date_gmt":"2020-12-01T17:45:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390981"},"modified":"2020-12-01T12:45:19","modified_gmt":"2020-12-01T17:45:19","slug":"nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/","title":{"rendered":"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">LendingTree Survey Finds Consumers Have Spent Almost $360 Stocking Up on Essential Supplies<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHARLOTTE, N.C.<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0With another deadly wave of the coronavirus outbreak likely to take grip this winter, more than a third of consumers \u2014 or 86.7 million Americans \u2014 have already started stockpiling household supplies.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/719580\/lendingtree_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/719580\/lendingtree_Logo.jpg\" title=\"LendingTree logo (PRNewsfoto\/LendingTree)\" alt=\"LendingTree logo (PRNewsfoto\/LendingTree)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Many consumers remember all too well the frustrations of going from store to store in the early months of the pandemic, in an effort to find such scarce products as toilet paper and hand sanitizer. Not only are consumers taking strides to avoid a repeat of that scenario, but many are spending more money in the process, a LendingTree <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997708-1&amp;h=2485821567&amp;u=https%3A%2F%2Fwww.lendingtree.com%2Fcredit-cards%2Fstudy%2F87-million-stockpiling-for-coronavirus-winter-wave%2F&amp;a=survey\" rel=\"nofollow noopener noreferrer\">survey<\/a> has found.<\/p>\n<p>\n        <b>Full report: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997708-1&amp;h=2712628547&amp;u=https%3A%2F%2Fwww.lendingtree.com%2Fcredit-cards%2Fstudy%2F87-million-stockpiling-for-coronavirus-winter-wave%2F&amp;a=https%3A%2F%2Fwww.lendingtree.com%2Fcredit-cards%2Fstudy%2F87-million-stockpiling-for-coronavirus-winter-wave%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.lendingtree.com\/credit-cards\/study\/87-million-stockpiling-for-coronavirus-winter-wave\/<\/a><\/b>\n      <\/p>\n<p>\n        <b>Key findings<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <b>More than a third of consumers (34%) \u2014 or 86.7 million \u2014 have already begun stockpiling supplies for a potential winter wave of COVID-19. An additional 35% plan to stockpile, but haven&#8217;t done so yet. <\/b>That number jumps to 44% for parents with kids under 18 (compared to 28% with adult children and 26% with no kids). <\/li>\n<li>Of those who have begun stockpiling,<b> the most-purchased items include: food (64%), hand sanitizer (61%), cleaning supplies (60%), face masks (60%), water (49%) and paper products (49%).<\/b><\/li>\n<li>\n          <b>Consumers have spent <span class=\"xn-money\">$359<\/span> on average stocking up on coronavirus-related supplies during the month of October and the first week of November. <\/b>When we conducted a similar survey at the beginning of the pandemic in March, Americans had spent <span class=\"xn-money\">$178<\/span> on average. <\/li>\n<li>\n          <b>49% of Americans said there were some supplies they regret not purchasing when the first wave of the coronavirus pandemic hit the U.S. <\/b>Among those with regrets, paper products (49%), cleaning supplies (46%), hand sanitizer (43%), face masks (38%) and alcohol (30%) were the items consumers most wished they had stocked up on. <\/li>\n<li>\n          <b>27% of consumers have credit card debt related to purchasing pandemic-related supplies. <\/b>Those most likely to be in debt include Americans laid off or furloughed due to the pandemic (42% vs. 15% whose income was not impacted) and parents with young children (39% vs. 18% of those with adult kids and 19% of those with no kids).<\/li>\n<\/ul>\n<p>The uncertainty surrounding the pandemic may cause anxiety, but preparing for the unknown can give you a sense of comfort \u2014 and protect your finances. &#8220;Stockpiling is often impulse buying, and the best way to combat impulse buying is by making a budget and a spending plan,&#8221; said LendingTree&#8217;s Chief Credit Analyst, <span class=\"xn-person\">Matt Schulz<\/span>.<\/p>\n<p>To view the full report, visit: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997708-1&amp;h=2712628547&amp;u=https%3A%2F%2Fwww.lendingtree.com%2Fcredit-cards%2Fstudy%2F87-million-stockpiling-for-coronavirus-winter-wave%2F&amp;a=https%3A%2F%2Fwww.lendingtree.com%2Fcredit-cards%2Fstudy%2F87-million-stockpiling-for-coronavirus-winter-wave%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.lendingtree.com\/credit-cards\/study\/87-million-stockpiling-for-coronavirus-winter-wave\/<\/a><\/p>\n<p>\n        <b>Methodology<br \/><\/b>LendingTree commissioned Qualtrics to conduct an online survey of 1,050 Americans, with the sample base proportioned to represent the overall population. The survey was fielded <span class=\"xn-chron\">Nov. 6-9, 2020<\/span>.<\/p>\n<p>\n        <b>About LendingTree<br \/><\/b>LendingTree (NASDAQ: TREE) is the nation&#8217;s leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student loans, insurance, credit cards and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health. My LendingTree proactively compares consumers&#8217; credit accounts against offers on our network and notifies consumers when there is an opportunity to save money. In short, LendingTree&#8217;s purpose is to help simplify financial decisions for life&#8217;s meaningful moments through choice, education and support. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2997708-1&amp;h=652206113&amp;u=http%3A%2F%2Fwww.lendingtree.com%2F&amp;a=www.lendingtree.com\" rel=\"nofollow noopener noreferrer\">www.lendingtree.com<\/a>, dial 800-555-TREE, like our Facebook page and\/or follow us on Twitter @LendingTree<\/p>\n<p>\n        <b>MEDIA CONTACT:<br \/><\/b><br \/>\n        <b><br \/>\n          <span class=\"xn-person\">Morgan Lanier<\/span><br \/>\n          <br \/>\n          <a target=\"_blank\" href=\"mailto:morgan@lendingtreenews.com\" rel=\"nofollow noopener noreferrer\">morgan@lendingtreenews.com<\/a><br \/>\n        <\/b>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL08227&amp;sd=2020-12-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave-301182893.html\">http:\/\/www.prnewswire.com\/news-releases\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave-301182893.html<\/a><\/p>\n<p>SOURCE  LendingTree.com<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL08227&amp;Transmission_Id=202012011242PR_NEWS_USPR_____CL08227&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LendingTree Survey Finds Consumers Have Spent Almost $360 Stocking Up on Essential Supplies PR Newswire CHARLOTTE, N.C., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0With another deadly wave of the coronavirus outbreak likely to take grip this winter, more than a third of consumers \u2014 or 86.7 million Americans \u2014 have already started stockpiling household supplies. Many consumers remember all too well the frustrations of going from store to store in the early months of the pandemic, in an effort to find such scarce products as toilet paper and hand sanitizer. Not only are consumers taking strides to avoid a repeat of that scenario, but many are spending more money in the process, a LendingTree survey has found. Full report: https:\/\/www.lendingtree.com\/credit-cards\/study\/87-million-stockpiling-for-coronavirus-winter-wave\/ Key findings &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390981","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LendingTree Survey Finds Consumers Have Spent Almost $360 Stocking Up on Essential Supplies PR Newswire CHARLOTTE, N.C., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0With another deadly wave of the coronavirus outbreak likely to take grip this winter, more than a third of consumers \u2014 or 86.7 million Americans \u2014 have already started stockpiling household supplies. Many consumers remember all too well the frustrations of going from store to store in the early months of the pandemic, in an effort to find such scarce products as toilet paper and hand sanitizer. Not only are consumers taking strides to avoid a repeat of that scenario, but many are spending more money in the process, a LendingTree survey has found. Full report: https:\/\/www.lendingtree.com\/credit-cards\/study\/87-million-stockpiling-for-coronavirus-winter-wave\/ Key findings &hellip; Continue reading &quot;Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T17:45:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/719580\/lendingtree_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave\",\"datePublished\":\"2020-12-01T17:45:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\\\/\"},\"wordCount\":637,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/719580\\\/lendingtree_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\\\/\",\"name\":\"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave - 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Many consumers remember all too well the frustrations of going from store to store in the early months of the pandemic, in an effort to find such scarce products as toilet paper and hand sanitizer. Not only are consumers taking strides to avoid a repeat of that scenario, but many are spending more money in the process, a LendingTree survey has found. Full report: https:\/\/www.lendingtree.com\/credit-cards\/study\/87-million-stockpiling-for-coronavirus-winter-wave\/ Key findings &hellip; Continue reading \"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T17:45:19+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/719580\/lendingtree_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave","datePublished":"2020-12-01T17:45:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/"},"wordCount":637,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/719580\/lendingtree_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave\/","name":"Nearly 87 Million Americans Already Stockpiling For Potential Coronavirus Winter Wave - 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