Journal Article

Federal COVID-19 Relief Aided Consumer Debt, Though Immigrant Texans Derived Less Benefit

Abstract: U.S. and Texas residents shored up their household finances during the COVID-19 recession. The prevalence of various federal-level assistance programs helped boost savings and broadly reduce debt. Among mostly immigrant groups, this tendency was less pronounced, likely due to legal and socioeconomic barriers.

Keywords: COVID-19;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2021

Issue: Second Quarter