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The biggest shift has been that a lot of commerce that was happening in person is now happening digitally.

Even in mid-May, something like 90% of retail foot traffic was down year over year.

So in many cases, you simply couldn't do the sort of purchasing and commerce that you were doing in person this year.

So a lot of that is happening online and then it's been heavily pronounced in

certain categories.

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Learn more at fidelity.com. Hey everybody it's Jean Chatsky. Thank you so much for being with me today

on her money. I suspect that most of you are listening to me from home, although maybe some

of you are out on a walk or maybe or even going somewhere in your car.

I have to say the tank of gas that I have been on

has been in my car, I think for over a month.

That is how few places I've actually gone. it's just a reminder of how much our collective

habits have changed seemingly overnight. I mean a few weeks ago you may have seen the headlines

proclaiming things like Americans are shopping for groceries like it's 1996 but in a

world that seemed to thrive on deliveries from Uber Eats and thrive on business done in actual restaurants, it's true. In March, 63% of food and drink

purchased by consumers were purchased at grocery stores. That is the highest that it's been in a quarter of a century and

it's not just food shopping that has evolved. In April global online sales for

merchandise of all kinds were up 2009% over last year.

So although we all have many, many questions about the overall economic impact of this pandemic.

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