Spending of Economic Stimulus Payments and Changes in Food Purchasing During the COVID-19 Pandemic
John Lai,
Stephen Morgan,
Bachir Kassas,
Jaclyn Kropp and
Zhifeng Gao
Choices: The Magazine of Food, Farm, and Resource Issues, 2020, vol. 35, issue 3
Abstract:
Using a nationwide survey, we characterize the ways in which U.S. households spent their economic impact payments (EIPs) and investigate changes in household food purchasing in response to COVID-19. Most consumers allocated a significant fraction of their EIPs to food, with an increase in spending on canned food, dry goods, and snacks.
Keywords: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Public Economics (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:307916
DOI: 10.22004/ag.econ.307916
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