Consumers spent more money on recreation and eating out during the 2021 holiday season than during the 2020 holiday season, but many remain vulnerable as government relief programs expire and inflation continues. This brief examines the factors that may shape financial health in the early months of 2022.
Challenges continue to impede the distribution of Child Tax Credit payments, especially for those who could benefit from them the most. The Financial Health Network will undertake research, supported by VISA, to determine how long CTC recipients might have waited to receive their payment, how much they might have spent in fees to access their payment, and how they ultimately used their payment.
Discover how Americans’ financial health outcomes have changed as COVID-19 continued to create unprecedented disruptions.
Hear from the authors of our annual assessment of U.S. financial health – the Financial Health Pulse® 2021 U.S. Trends report – as they share key findings from an eventful year.
Paid leave for medical and caregiving purposes can help workers cope in challenging times.
Stimulus payments and tax refunds caused account inflows to spike 33% in January and 42% in March, according to analysis from our new Pulse Points series.
One year into the COVID-19 global pandemic, new data from the U.S. Financial Health Pulse shows that Black and Latinx communities are continuing to disproportionately struggle amidst the ongoing public health crisis, and that financial health disparities appear to be widening by race and ethnicity as a result of the ongoing pandemic.
As vaccines roll out across the country, the Biden administration is considering bold policies to help struggling households, businesses, and communities recover from the health and economic impacts of the COVID-19 pandemic. For these efforts to be successful, the new administration – along with businesses, employers, and other stakeholders –…
The Financial Health Network fielded two nationally representative surveys in 2020 and analyzed the financial and transactional records of study participants. Here, we share key insights from our research.
Discover key findings from the 2020 U.S. Financial Health Pulse regarding Americans' financial health, including profound disparities across race and ethnicity.
Young adults of color, particularly those who are Black and Latinx, have borne a disproportionate share of economic hardship, as decades of systemic racism have made their communities more vulnerable to the effects of these crises.
By Thea Garon, Senior Director, Necati Celik, Associate and Andrew Dunn, Manager, Financial Health Network Since mid-March, the United States has lost more than 21 million jobs amid the COVID-19 pandemic. In order to help people get by, the Treasury Department began distributing recovery rebates, or “stimulus payments,” on April 11 as part of the…