The feet of people standing in line, behind social distancing markers on the floor.

Brief

The Crisis in November: Concerns Rise as Job and Income Recovery Slow

December 2020

Fresh data collected in early November from Wave 6 of the survey confirm that, despite fewer respondents reporting job loss, respondents reported larger income declines and concerns about the future continuing to grow.

Since April, the Consumer Finance Institute’s (CFI) series of COVID-19 Surveys of Consumers has collected information about the impact the COVID-19 pandemic has had on consumers’ jobs, incomes, and financial security.

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CFI COVID-19 Survey of Consumers — Wave 3 Reveals Improvements, but Not for Everyone

Tom Akana

August 2020

In an effort to gain insights into the impact of COVID-19 on financial security in the U.S., the Consumer Finance Institute at the Federal Reserve Bank of Philadelphia is conducting a series of national surveys of consumers that focus on changes in job status, income levels, and personal financial security.

Consumer Credit

Report

CFI COVID-19 Survey of Consumers — Wave 4 Tracks How the Vulnerable Are Affected More by Job Interruptions and Income Disruptions

Tom Akana

September 2020

Consumer Credit

Report

CFI COVID-19 Survey of Consumers – Wave 5

Tom Akana

November 2020

This report shares results from Wave 5 of a national survey of consumers investigating COVID-19 impacts on job status, income, and personal financial security.