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Economic Well-Being of Families During the COVID-19 Pandemic
Economic Well-Being of Families During the COVID-19 Pandemic
Working Paper Number SEHSD-2021-08
Introduction
The COVID-19 pandemic has caused widespread economic hardship for families in the United States. In April 2020 the U.S. Census Bureau, together with other government agency partners, introduced the experimental Household Pulse Survey (HPS), an ongoing survey collection focusing on the effects of the pandemic and the attendant business and school closures on families’ well-being. The HPS fielded weekly, and later, bi-weekly, internet surveys over three iterations through March 2021 to collect information about the state of households during the pandemic.
This paper presents snapshots from the HPS at three different moments during the pandemic, beginning three months after the World Health Organization declared the novel coronavirus a global pandemic. These snapshots, each three to four months apart, show change in the way households used Economic Impact Payments, commonly known as stimulus checks, were used over this period. They also show how stimulus checks and other income sources were used to support household spending over this period.
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Page Last Revised - October 8, 2021
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