Figuratively Speaking by John MacIntyre

Figuratively Speaking For August 07, 2020

Ranks of heavy workloads, long work hours and tight deadlines on the list of the most-stressful aspects of running a small business, according to The UPS Store's annual small-business survey: 1, 2, 3

Ranks of just working through it, prioritizing tasks/responsibilities and analyzing the situation for a solution/plan of action on the list of approaches used to combat these stressors: 1, 2, 3

Percentage of small-business owners who say they have recently changed or pivoted their business: 41

Percentage who are doing more business online: 65

Source: The UPS Store.

If a coronavirus vaccine arrives this year -- which would make it the fastest-ever vaccine approval by a huge margin -- percentage of Americans who think taking a first-generation vaccine as soon as it's available is risky, according to the Axios-Ipsos Coronavirus Index: 60

Percentage who have established a "bubble" of people outside their home who only interact with each other, as an attempt to create a small sense of normalcy in social life: 47

Source: Ipsos Public Affairs.

Percentage of small-business decision-makers who say they or their business owners have dipped into their personal funds to keep their businesses afloat during the COVID-19 pandemic, according to a CreditCards.com report: 35

Percentage who say they or the owners used a personal credit card: 24

Percentage who say they or the owners have tapped into a personal savings account since March: 21

Source: CreditCards.com.

Though skills learned through chores are among the most important lessons parents hope to instill in their children, percentage of parents who say their children regularly do chores -- down from 79% in 1997 -- according to a survey by the Whirlpool Corp.: 70

Percentage who say that it's not important to them that their children do chores: 15

Source: Whirlpool.

Percentage decline in grocery shopping once a week or more (from 67% of shoppers to 47% of shoppers) since the pandemic began, according to a research report from Acosta: 30

When looking at total household spending, percentage of shoppers who are spending more on groceries than they were pre-COVID: 50

Of shoppers spending more on groceries, percentage who cited eating at home more as their reason: 59

Source: Acosta.

Average amount per family that parents with children in elementary school through high school say they plan to spend on back-to-school shopping (topping the previous record of $696.70 they said they would spend last year), according to a survey by the National Retail Federation: $789.49

Average amount that college students and their families expect to spend per family: $1,059.20

Source: NRF.

This time last year, percentage of U.S. adults who said they typically made purchases under $10 with cash, according to a CreditCards.com survey: 49

Percentage rise in credit card usage at grocery stores between December 2019 and April 2020, according to a Bankrate.com survey: 70

Percentage rise in Visa U.S. contactless payments from March 2019 to March 2020: 150

Source: Bankrate.com.

Percentage of "cord cutters" who say live TV is not important to them, according to E-Poll Market research: 52

Of those who still have traditional pay-TV, percentage who say having access to live TV is "very important": 49

Monthly cost of YouTube TV (up from $15): $65

Source: E-Poll Market Research.

Percentage of college students who said paying for school is one of their top concerns, according to a student survey conducted by Scholarship America: 64

Percentage who listed contracting the coronavirus as a top concern: 42

Percentage who said the pandemic has reduced their ability to earn income needed for their education: 77

Percentage of respondents who said the pandemic has increased their need for financial aid: 64

Source: Scholarship America.

Percentage of Americans who would be at least somewhat uncomfortable with flying in the next month, limiting summer travel possibilities, according to a survey from The Manifest: 67

Despite concerns about air travel as daily new cases have surged, percentage of people who have fully canceled their 2020 travel plans: 23

Percentage who are stopping additional travel planning: 32

Percentage who are continuing to plan: 15

Source: The Manifest.

Idle Thought

"Do not believe that it is very much of an advance to do the unnecessary three times as fast." -- Peter Drucker, management consultant, professor and writer

(Readers can contact John MacIntyre at johnmacintyre@bwr.eastlink.ca.)