Future spend (summary)

Summary

• Residents expect to spend more in national grocery chains, and national or international retail chains
• A larger proportion of residents expect to spend less locally (retail, restaurants and grocery) and on culture and leisure

Future spending chart: This chart shows that when respondents were asked about what they expect to spend on the following compared to this time last year
During W1 – 29% of respondents say they expect to spend more on independent retail, 45% of respondents say they expect to spend the same and 26% of respondents say they expect to spend less
During W2 – 29% of respondents say they expect to spend more on local independent retail, 56% of respondents say they expect to spend the same and 16% of respondents say they expect to spend less
During W3 – 26% of respondents say they expect to spend more on local independent retail, 46% of respondents say they expect to spend the same and 28% of respondents say they expect to spend less
During W1 – 6% of respondents say they expect to spend more on national or international retail chains, 44% of respondents say they expect to spend the same and 50% of respondents say they expect to spend less
During W2 – 7% of respondents say they expect to spend more on national or international retail chains, 52% of respondents say they expect to spend the same and 41% of respondents say they expect to spend less
During W3 – 18% of respondents say they expect to spend more on national or international retail chains, 52% of respondents say they expect to spend the same and 30% of respondents say they expect to spend less
During W1 – 22% of respondents say they expect to spend more on local independent restaurants, cafes, takeaways and bars, 33% of respondents say they expect to spend the same and 45% of respondents say they expect to spend less
During W2 – 32% of respondents say they expect to spend more on local independent restaurants, cafes, takeaways and bars, 41% of respondents say they expect to spend the same and 27% of respondents say they expect to spend less
During W3 – 24% of respondents say they expect to spend more on local independent restaurants, cafes, takeaways and bars, 44% of respondents say they expect to spend the same and 31% of respondents say they expect to spend less
During W1 – 3% of respondents say they expect to spend more on national and or international independent restaurants, cafes, takeaways and bars, 29% of respondents say they expect to spend the same and 67% of respondents say they expect to spend less
During W2 – 12% of respondents say they expect to spend more on national and or international independent restaurants, cafes, takeaways and bars, 42% of respondents say they expect to spend the same and 47% of respondents say they expect to spend less
During W3 – 13% of respondents say they expect to spend more on national and or international independent restaurants, cafes, takeaways and bars, 45% of respondents say they expect to spend the same and 43% of respondents say they expect to spend less
During W1 – 27% of respondents say they expect to spend more on local independent food shops and or markets, 50% of respondents say they expect to spend the same and 23% of respondents say they expect to spend less
During W2 – 35% of respondents say they expect to spend more on local independent food shops and or markets, 53% of respondents say they expect to spend the same and 12% of respondents say they expect to spend less
During W3 – 27% of respondents say they expect to spend more on local independent food shops and or markets, 51% of respondents say they expect to spend the same and 22% of respondents say they expect to spend less
During W1 – 17% of respondents say they expect to spend more on national grocery chains, 63% of respondents say they expect to spend the same and 20% of respondents say they expect to spend less
During W2 – 9% of respondents say they expect to spend more on national grocery chains, 73% of respondents say they expect to spend the same and 18% of respondents say they expect to spend less
During W3 – 32% of respondents say they expect to spend more on national grocery chains, 52% of respondents say they expect to spend the same and 15% of respondents say they expect to spend less
During W1 – 8% of respondents say they expect to spend more on culture and leisure activities, 26% of respondents say they expect to spend the same and 66% of respondents say they expect to spend less
During W2 – 30% of respondents say they expect to spend more on culture and leisure activities, 36% of respondents say they expect to spend the same and 35% of respondents say they expect to spend less
During W3 – 22% of respondents say they expect to spend more on culture and leisure activities, 35% of respondents say they expect to spend the same and 43% of respondents say they expect to spend less

Expected 12 month spend – total sample

Base (top to bottom): Local independent retail: 1,760 (W1) | 1,187 (W2) | 712 (W3) | National / international retail chains: 1,747 (W1) | 1,159 (W2) | 710 (W3) | Local independent restaurants, cafes, takeaways and bars: 1,814 (W1) | 1,203 (W2) | 703 (W3)| National / international independent restaurants, cafes, takeaways and bars: 1,755 (W1) | 1,117 (W2) | 682 (W3) | Local independent food shops/ markets: 1,781 (W1) | 1,152 (W2)| 703 (W3) | National grocery chains 1,823 (W1) | 1,178 (W2) | 742 (W3) | Culture and leisure activities: 1,772 (W1)| 1,158 (W2) | 669 (W3)

 

Summary

• ‘Less nonessential spending’ is the main change in spending that residents expect, closely followed by ‘an increase in the cost of living’
• Smaller proportions say they will be doing more spending on nonessential items, spending more on local businesses, or will have less disposable income

Other comments table: This table shows that when asked to tell more about any change in how they expect to spend
41% of respondents say that they will do less nonessential spending
40% of respondents cite the increased cost of living
13% of respondents say that they expect to do more nonessential spending
11% of respondents say that they expect to spend more on local businesses
11% of respondents say that they expect to have less disposable income
6% of respondents say that nothing will change
6% of respondents mention other things

Expected change(s) in spending

Base (total sample): 400