Olivier Armantier, Gizem Koşar, Rachel Pomerantz, and Wilbert van der Klaauw

A growing body of evidence (here, here, and here) points to large negative economic and health impacts of the COVID-19 pandemic on low-income, Black, and Hispanic Americans. Beyond the consequences of school cancellations and lost social interactions, there exists considerable concern about the long-lasting effects of economic hardship on children. In this post, we assess the extent of the underlying economic and financial strain faced by households with children living at home, using newly collected data from the monthly Survey of Consumer Expectations (SCE).