U.S. coffee drinkers consume as much at home during pandemic, poll shows

By Marcelo Teixeira

NEW YORK (Reuters) – Americans are drinking just as much coffee during the pandemic, as often as before, but at home instead of in coffee shops and restaurants, a poll released on Wednesday showed.

Online purchases have jumped by 57% as coffee buyers cut back on trips to the supermarket, according to the survey commissioned by the National Coffee Association (NCA).

Consumer habits for the period in Aug. 26 to Sept. 3 were similar to those in a January poll, with six in 10 people drinking coffee everyday, at an average of 2.9 cups per day.

The pandemic’s impact on demand for commodities such as coffee, sugar or wheat has been difficult to gauge. But the association cited signs that greater home consumption has offset falling sales at businesses, without providing volume data.

Around half of the survey respondents said they stopped having coffee in restaurants, while

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Home closings increase in 2020 along coastal SC counties despite COVID pandemic | Myrtle Beach Business

Myrtle Beach Realtor Travis Muir put a condo up for sale in September at Blue Water Resort on Ocean Boulevard and within an hour, it was sold.

Not an every day occurrence, the realtor for The Hoffman Group admits. But, after all, it’s 2020 and anything can happen.

“The biggest thing is pricing it within realistic market price,” Muir said, adding 2020 has been his best year for sales, pushing nearly triple what he normally does.

“With this one being an investment property, the price point for the rate of return… I think one of the biggest things, too, is the interest rates are lower than they have been in a very long time. That gives people more incentive to go ahead and make that jump. They were thinking of buying in a two- or three-year window, but now with the interest rates so low, people are moving faster.”

Closed

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Wellness Home Design Tips For Weight Management During The Pandemic

Hundreds of headlines blare daily warnings about the dreaded “Covid 19” pounds packed on during these long pandemic months. Americans are locked out of their local gyms and yoga studios, locked down in their homes, and locked away from friends and family members for support. What isn’t locked down are the refrigerator and pantry, and comfort food eating is on the rise. What impact is this having on your health, and what can you do about it?

Weighing In

First, the good news: “Much like the myth of the ‘Freshman 15,’ which has been disproven through numerous studies, the ‘Covid 19’ phenomenon is more myth than reality,” declares Jennifer Lombardi, a certified eating disorder psychotherapist at Kaiser Permanente’s Eating Disorder Intensive Outpatient Program in Sacramento.  That doesn’t mean

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Upcoming home improvement show at Expo Center to meet spike in projects during pandemic

ROYAL PALM BEACH — Taking advantage of this prolonged stretch at home to make some changes to your surroundings? 



a group of people standing in front of a store: The Expo Center at the South Florida Fairgrounds, seen here during an Antiques Festival in 2009, will play host to the Home Improvement and More Show on Oct. 23-25.


© Palm Beach Post File Photo
The Expo Center at the South Florida Fairgrounds, seen here during an Antiques Festival in 2009, will play host to the Home Improvement and More Show on Oct. 23-25.

You’re not alone, and the staff of the South Florida Fair wants to help.

The Home Improvement and More Show is Oct. 23-25 at the fairgrounds’ Expo Center, 9067 Southern Blvd. The event features more than 60 vendors across 35 categories related to home improvement, said Tim Pachis, corporate sales manager for the South Florida Fair.

More: No stickball in Wellington this year, but Wycliffe league has terrific plan for $60 dues

The show will be open 10 a.m. to 5 p.m. Friday, Oct. 23 and Saturday, Oct. 24 and 10 a.m. to 4 p.m. Sunday,

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Home sales rise despite low inventory and pandemic

New-home sales also rose sharply in August to their highest level since September 2006. Sales of newly built homes reached an annual rate of 1.01 million in August 2020, 43.2 percent higher than in August 2019, according to the Census Bureau. New-home sales were also up 4.8 percent compared to July 2020.

Low inventory and high prices

While demand for houses is strong despite the coronavirus pandemic, the shortage of homes for sale means that prices are rising rapidly in many markets. The number of existing homes for sale dropped by 18.6 percent in August 2020 compared to August 2019, according to NAR. Inventory of newly built but unsold homes also dropped dramatically by 40 percent compared to August 2019 to the lowest supply since the data has been tracked beginning in 1963.

For the Washington area, the median listing price was up 9.2 percent for the week ending Sept.

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Home Improvement Market Sees Surge During Pandemic

PALM BEACH,  Fla., Oct. 13, 2020 /PRNewswire/ — Analysts expect home improvement spending to reach $439.9 billion in 2020 – In the time of a global pandemic, there is indeed no place like home. As millions of Americans practice social distancing while working and learning remotely, the home has become the focal point of our lives. The desire to make residences safer, more comfortable and more enjoyable has led to a home improvement boom.   Mentioned in today’s commentary includes:  NeoVolta (OTCQB: NEOV), Tesla (NASDAQ: TSLA), Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW).

The Home Improvement Research Institute predicts Americans will spend $439.9 billion on home improvement products in 2020. The online home remodeling platform Houzz reports that demand for kitchen and bath remodeling was up 40% year over date in June 2020, while home additions increased 52% and fencing projects jumped 166%. Pool and hot tub installations

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Smoking from home: Imperial Brands sees revenue lift from pandemic

LONDON (Reuters) – Demand for cigarettes has picked up in the COVID-19 pandemic, helped by a rise in home working that has given smokers more opportunities to light up, Imperial Brands said on Thursday.

The maker of Gauloises and West cigarettes nudged up its full-year revenue forecast.

A spokesman for the British firm said consumers appeared to be spending more on tobacco as they saved money in other areas, such as travel and holidays, while working from home meant many of them were not restricted by when they could smoke.

The news came as Ladbrokes and bwin owner GVC Holdings raised its annual earnings outlook, helped by a surge in online gaming, in another sign consumers are looking to escape the stresses of the pandemic.

Imperial said it expected full-year net revenue to be broadly flat, with a 1% increase in its tobacco business offsetting a 30% drop in its

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Tulsa home remodeling company hiring crew members amid pandemic

TULSA, Okla. — Unemployment in Oklahoma decreases each week, but about 80,000 people are still without a job.

2 Works for You is highlighting a company that started small 42 years ago doing siding and windows. Now, as demand grew due to the coronavirus pandemic, business is booming.

Burnett Home Improvement said they used to make a few hundred thousand dollars a year, but hit company records this summer. Last month, they made nearly $700,000. They said the increase is because people are at home, restless, with no places to vacation.

So they’ve seen people spending extra funds on remodeling their home.

Vice President Shawn Donahue has been with the company for almost two years and wants to encourage people to apply. Their faith-based company prides itself on treatment and fairness.

Burnett Home Improvement employee Vasilik Napelenok said, “Most of the people are Christian here, so I think that’s really

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Is Home Depot a Safe Bet During the Pandemic?

With fiscal second-quarter sales growth of 23.4%, it’s safe to say Home Depot (NYSE: HD) has performed quite well during the coronavirus pandemic. As an essential business, the home improvement behemoth was able to keep its doors open to serve the needs of millions of shoppers.



a close up of a newspaper: Is Home Depot a Safe Bet During the Pandemic?


© Provided by The Motley Fool
Is Home Depot a Safe Bet During the Pandemic?

Its stock price has risen 30% so far this year, driven by impressive results from the do-it-yourself (DIY) segment. But for Home Depot to position itself for long-term success, its Pro business is the key.

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Pandemic-fueled growth

From fiscal 2009 through fiscal 2019, Home Depot’s sales increased at a compound annual rate of 5.2%. The company has largely left its store growth unchanged with less than 50 net additions in that 10-year period, but management introduced initiatives like the One Home Depot strategy to boost efficiency within

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Mobile Games Thrive, Even As Pandemic Keeps Players Home

Mobile games are thriving as players turn to them for fun and friendship during the pandemic, with increasing numbers of women joining the trend.

“Being stuck at home has not stopped people from playing games on their phones,” said SensorTower mobile insights strategist Craig Chapple. “To the contrary, mobile gaming is more popular than ever.”

Smartphone game play involves taps on touchscreens with just a few moments of play at a time, often while sipping coffee or waiting for transit, in contrast to the console games with immersive worlds that can span hours.

Mobile games appeal to a broader demographic than do shooters and other genres popular on console or PC gamers.

More than 40 percent of mobile gamers are women, according to research firms Newzoo and Statista. That differs from gamers using consoles or personal computers, who are more likely to be males age 12 to 35 years old,

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