Strome Business Minute With Dr. Jeff Tanner

The stay-at-home orders have certainly changed the rhythm of our days. For many people, this is a time to plunge back into hobbies and home improvement activities. Locally, Stihl has enjoyed a couple of good months of equipment sales as homeowners take on their lawn and garden projects. Nationally, a WebIndex survey found that one in three are renewing their hobby interests, but for the other two-thirds, it seems their plans are to spend more time on social media or play video games. Working out at home is popular, too, with Peloton reporting strong sales increases for its exercise cycle platform. Emarketer dot com reports that ad spending for toys and puzzles was up in March and April but is down at the moment, as those companies wait for buyers to finish their puzzles. To learn more, visit odu.edu/business. This Strome Business Minute is presented by the Strome College of Business at Old Dominion University.