The US government is going to give out money again? It coincides with the year-end peak season

The US government is going to give out money again? It coincides with the year-end peak season


The United States has experienced another major outbreak in the past two days. Some state governments have begun to suspend some of their restart plans and postpone the opening of some unnecessary industries. Now the number of unemployed people in the United States has reached a historical high, second only to the Great Depression. The US government's epidemic subsidies are now an important source of shopping funds for the American people.


Recently, the U.S. Congress passed an executive order to give money to stimulate the economy. Under the new "wage subsidy program", eligible American citizens will receive $300 per week. This is the first aid payment issued after the federal government terminated unemployment benefits at the end of July.

This subsidy from the federal government plus the basic subsidy for unemployed workers issued by the state government can bring the subsidy received by unemployed workers to more than $600 per week.

The federal government is currently preparing further subsidy plans. The $300 subsidy is temporary and may only last about 3-4 weeks.


Because the statistics, registration and execution times of each state are inconsistent, it will take an average of about four weeks for each state to start distributing this money, which means that the subsidy distribution time will basically coincide with Prime Day in early October.

The last time the US distributed money, it was a very gratifying event. A large number of sellers woke up in the morning and found that their orders had increased inexplicably. If the current distribution of money can continue the same situation as last time, coupled with the fact that it is Prime Day, the sellers' order volume will definitely increase significantly.


Moreover, when the money was distributed last time, Americans were still quarantined at home, so relatively speaking, the categories of consumption were relatively small, and most of the orders were for indoor products such as home furnishings and toys. Now that the US economy has largely restarted, the demand for various products is surging.


According to foreign media data, although the number of infections in the United States continues to grow and the epidemic is experiencing a second outbreak, retail sales, especially online retail sales, have been growing and sales have far exceeded expectations.


Rapid growth in US retail sales


Throughout July, the US retail industry grew by 1.2%, which has been growing for three consecutive months since the economic recession in April. If the lagging auto retail industry is excluded, the growth rate of the remaining part is as high as 1.9%, exceeding Reuters' previous expectations for the US economy.

The retail industry has always been considered the leader of the US economy, and its trends can reflect the current state of the US economy to a certain extent. Throughout July, sales of electronics and electrical appliances grew the most, up 22.9% from June, while categories such as clothing and furniture grew by around 5%.


July was the beginning of the second outbreak of the epidemic in the United States. Amazon even chose to restart the FBA replenishment restrictions this month. Some states in the United States also began to suspend and restart and restore some home orders. Under such circumstances, the retail industry still maintained an upward trend, which fully demonstrated that the consumption capacity of American consumers did not decline during the epidemic due to the severity of the epidemic. On the contrary, due to government subsidies and home orders (nothing to do at home), the consumption level will rise.


Therefore, there is no need to worry too much about the impact of the US epidemic on consumption capacity. As long as you maintain a good inventory, or even participate in Primeday through self-delivery (there are free activities for self-delivery) , you can benefit from this wave of traffic surge.


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