Report

CFI COVID-19 Survey of Consumers — An Assessment of the Financial Health and Stability of U.S. Consumers

Abstract: In an effort to gain insights into the impact of COVID-19 on financial security in the U.S., the Consumer Finance Institute at the Federal Reserve Bank of Philadelphia conducted a national survey of consumers that focused on changes in job status, income levels, and personal financial security. Additionally, we sought respondents’ attitudes toward various relief efforts proposed or enacted to support citizens during the pandemic. Data presented here represent results from the first wave of the survey conducted April 3‒10, 2020. The survey will be conducted up to six times through the end of 2020 to track changes in impact and attitudes as the situation progresses.

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Consumer Finance Institute Research Briefs and Special Reports

Publication Date: 2020-05-21

Pages: 29

Note: Special Report