How Will COVID-19 Affect the Spending of Financially Distressed Households?

Kartik Athreya, Ryan Mather, Jose Mustre-del-Rio and Juan Sanchez

On the Economy from Federal Reserve Bank of St. Louis

Abstract: Consumer spending will drop substantially due to COVID-19, and the declines will hit hardest in households already in financial distress.

Keywords: COVID-19; Coronavirus; Economy; Household spending; Consumer spending; Financial distress (search for similar items in EconPapers)
Date: 2020-04-23
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.stlouisfed.org/on-the-economy/2020/apr ... istressed-households Full Text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:87865

Access Statistics for this paper

More papers in On the Economy from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().