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Distracted America

Distracted America

August 19, 2021

Over the last year, many have seen their lives impacted by the COVID-19 pandemic. The ways in which we work, live, and communicate have drastically changed, to say the least.

It’s difficult to predict what other aspects of life may alter before we’re through this period of history. Still, data has emerged that suggests the way we relax has already adapted. In response to a steady media diet of troubling or sad news, it seems we’re all looking for a distraction.

  • Your Own Silverscreen - Consumer spending on subscription streaming rose by 21% to $12.2 billion in the first six months of 2021, suggesting we’re watching more media at home than ever.1
  • A Nation of Gamers - Video game sales at brick and mortar stores hit $5.6 billion in March, an 18% increase over a year ago. Digital sales are expected to push this startling figure even higher.2
  • Stay in for Takeout - Due to the increased number of us ordering delivery, the online food delivery services market is expected to grow from $115.07 billion in 2020 to $126.91 billion in 2021.3

These are just a few of the distractions Americans are finding as we all work toward happier, healthier, and safer times. As always, let me know if you’d like to chat about the above, the economy, or any other topics you’re pondering. I’m always here to help.

1. Tvtechnology.com, August 11, 2021
2. Fortune.com, April 16, 2021
3. Globalnewswire.com, April 27, 2021

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.