Report

CFI COVID-19 Survey of Consumers — Employment, Income, and Financial Security as of October 2021

Tom Akana

Senior Advisor and Research Fellow, Consumer Finance Institute

14 Dec ’21

This report shares results from Wave 10 of a national survey of consumers investigating the effects of COVID-19 on employment and income data, including employment through the crisis, income changes and expectations for income in 2021, and financial security over the next three to 12 months.

Results collected during the 10th COVID-19 Survey of Consumers in October 2021 reveal improvements in a number of recovery-related metrics. Job losses dropped below 10 percent for the first time since the beginning of the survey in April 2020. Respondents are returning to work onsite more frequently and are continuing to regain normal working hours and schedules. Despite that, there continue to be signs of stress, with financial concerns increasing and expectations around 2021 income becoming more pessimistic in the fourth quarter. More details are available in the full report.

View the Full Report

CFI COVID-19 Survey of Consumers – Cautious Optimism Reigns in Wave 9

Tom Akana

08 Sep ’21

This report shares results from Wave 9 of a national survey of consumers investigating the effects of COVID-19 on employment and income data, including expectations for income in 2021 and information on financial security over the next three to 12 months.

Consumer Credit

Brief

Overdraft Use During the Pandemic: Insights from the CFI COVID-19 Survey of Consumers

30 Aug ’21

This research brief examines consumers’ experiences with checking account overdrafts since the beginning of the COVID-19 crisis, using responses gathered from a special module in the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute "COVID-19 Survey of Consumers."

Consumer Finance

Brief

Despite Significant Vaccine Reluctance, More Consumers Are Upbeat About the Future

With vaccines becoming available to all adults in the United States, this latest research brief focuses on how receptive or reluctant consumers were in getting vaccinated based on data from the Consumer Finance Institute’s COVID-19 Survey of Consumers.