During the pandemic, people spent money on stuff. Then, they spent money on experiences. Now, it seems they’re spending money on things that help them connect.
Disney’s live-action “The Little Mermaid” is expected to bring in big bucks at the box office — and for the real-life mermaid industry, which is an actual thing.
Commerce Department data shows retail sales for sporting goods, hobby, instrument and book stores were down 5.4% in April compared to a year ago. Sales for garden equipment and supplies were down too.
To fill unexpected free time or to cope with stress, people have picked up hobbies: sculpting action figures and DJing socially distanced parties are just a few.