Does Spending Slide When COVID-19 Surges?
Joel Elvery and
Mark Oleson
No 20211007, Cleveland Fed District Data Brief from Federal Reserve Bank of Cleveland
Abstract:
In this District Data Brief, we show that state-level data suggest that economic implications from the latest wave have been less than those from the fall 2020 wave. While there has been some consumer response to the delta-variant-driven COVID-19 surge, it has been weaker than the response to the fall 2020 COVID-19 surge.
Keywords: COVID-19; consumer spending (search for similar items in EconPapers)
Date: 2021-10-07
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Persistent link: https://EconPapers.repec.org/RePEc:fip:c00003:93149
DOI: 10.26509/frbc-ddb-20211007
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