U.S. Families’ Experiences of the COVID-19 Pandemic: Evidence from the Survey of Consumer Finances

Jesse Bricker, Sarena Goodman, Alice Henriques Volz, Kevin B. Moore, Sarah Reber and Richard Windle
Additional contact information
Jesse Bricker: https://www.federalreserve.gov/econres/jesse-bricker.htm
Sarena Goodman: https://www.federalreserve.gov/econres/sarena-f-goodman.htm
Alice Henriques Volz: https://www.federalreserve.gov/econres/alice-henriques-volz.htm
Kevin B. Moore: https://www.federalreserve.gov/econres/kevin-b-moore.htm

No 2023-10-18-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Between 2019 and 2022, the COVID-19 pandemic caused severe disruptions to the U.S. labor market and broader economic activity, leading to unprecedented levels of fiscal support. Nonetheless, over this period, net changes in major economic indicators were consistent with a robust economy, and according to the 2022 Survey of Consumer Finances (SCF), U.S. families experienced broad-based improvements in their finances, particularly with respect to net worth (Aladangady et al., 2023).

Date: 2023-10-18
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2023-10-18-1

DOI: 10.17016/2380-7172.3406

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