Americans plan to spend second stimulus check on meat

Consumers plan to prioritize money from a possible second stimulus check from the U.S. government on meat purchases versus other food and beverages, according to the results of a recent survey from IRI.

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kadmy | bigstockphoto
kadmy | bigstockphoto

Consumers plan to prioritize money from a possible second stimulus check from the U.S. government on meat purchases versus other food and beverages, according to the results of a recent survey from IRI.

The market research company asked primary shoppers between July 31 and August 2 to share their thoughts on how consumer shopping, behavior and purchases would be impacted by another round of stimulus money.

In April, the government issued stimulus checks to U.S. citizens in an attempt to minimize the economic impact of the COVID-19 global pandemic. Individuals making less than $75,000 per year received $1,200 and married couples less than $150,000 received $2,400. More than a quarter (27%) of recipients spent this money on groceries or other household essentials.

Although Congress is still debating the next round of stimulus checks, there is bipartisan support.

Meat is a priority

Twenty-one percent of respondents said they would buy more meat if they received a second stimulus check. The category includes chicken, turkey, beef, pork and other meats.

Other popular options for spending the money included buying more fruits and vegetables (20%), buying more snacks (5%) and purchasing more pre-packaged convenient meals rather than cooking from scratch (4%).

Seven percent of respondents planned to use the second check to visit restaurants or order takeout more often.

Where they’ll be shopping

Respondents were most likely to spend future stimulus payments at mass merchants, grocery stores, online-only retailers and club stores.

Conversely, the shoppers planned to spend less at convenience stores, dollar stores, drug stores and online-only retailers.

View our continuing coverage of the coronavirus/COVID-19 pandemic.

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