Analyzing the Impact of COVID-19 on Retail

It doesn't take a genius to know that 2020 has been a year for the United States economy. Tens of millions were encouraged or forced to remain indoors in an attempt to slow the spread. Only a few industries/businesses were allowed to stay open, as they were classified as "essential businesses." The longest expansion in U.S. history came to an end in Q1 2020, which resulted in a -5.0% contraction in economic activity (followed by a -32.