Industries Most Affected by Coronavirus (COVID-19)

As the situation surrounding Coronavirus (COVID-19) continues to develop, industries are experiencing the impacts in various ways. As the leading provider of Industry Intelligence for those advising small- and medium-sized businesses, our research team is working to provide updates on industries affected by COVID-19. Information is updated every 7-14 days, so continue to check back for the most recent insights.

Top Performing Industries

Hardest Hit Industries

September 15, 2020

  • Despite the reopening of bars and restaurants across the US, off-premise alcohol consumption continues to grow. Total alcohol sales rose 9.4% during the week ending August 29 and increased 22.6% during the 26-week COVID-19 time period versus year-ago, according to Nielsen. Beer sales increased 7.1%, wine sales rose 13% and spirits sales grew 12.4%.
  • Ohio Governor Mike DeWine banned the sale of alcohol after 10pm to help slow the spread of the coronavirus by limiting close gatherings. The order also prohibits the consumption of any drinks after 11 pm and increased to three the number of alcoholic drinks that can be bought per takeout meal, according to the Bellefontaine Examiner. The restrictions for on-premise sales could further fuel growth in sales and consumption off-premise.
  • Online sales of alcohol surged during the first few months of the COVID-19 pandemic. By the week of April 25, online sales had grown 477% versus year-ago compared to the week of Mar 7, when online sales increased 13% versus year-ago, according to Nielsen.
  • Most liquor stores have been allowed to remain open during the coronavirus pandemic. Beer, wine, and liquor stores technically fall under the “food and agriculture” category of establishments, like grocery stores, which are considered essential. Some states, such as Maryland and Texas, allow alcohol deliveries to customers.
  • In Pennsylvania, the closure of all 600 state-owned wine and spirits stores drove residents to defy stay-at-home orders and drive to Delaware and New Jersey to stock up on booze, according to KYW Newsradio. In Denver, the mayor’s order to close liquor stores and marijuana dispensaries was quickly reversed after residents swarmed neighborhood liquor stores, violating social distancing rules, according to Fox News.

September 8, 2020

  • Canned vegetables remain among the products that are difficult to find in grocery stores, according to The Food Institute. One reason for out of stocks is that manufacturers and retailers are focusing on making, delivering, and stocking their top-selling items, which can lead to less niche or seasonal items. Additionally, other aisles have less stock because the sector cannot make enough. B&G Foods, which produces Green Giant canned and frozen vegetables, said that it is making as much as possible but hasn’t been able to stock up on extras to prepare for another wave of shutdowns. Other manufacturers such as Kimberly-Clark, and General Mills also said that they haven’t been able to rebuild inventories because of the strong demand.
  • Fruit and vegetable manufacturers may need to upgrade cooling systems in cold storage rooms due to concerns that the coronavirus can spread via HVAC systems. Specialists are evaluating how well heavy-duty filters block microbes and considering whether to install systems that use ultraviolet light or electrically charged particles in the ductwork to kill the virus. Many of the methods to reduce pathogens have been around for years, but were geared more to hospitals than commercial buildings.
  • Frozen fruit and vegetable retail sales rose 27.2% year over year through the week ending August 16. Shelf-stable fruit and vegetable retail sales rose 25.6% during the period.
  • Cases of coronavirus are rising at fresh produce packing plants and farms, according to Reuters news service. Doctors Without Borders has tested far