ABSTRACT
COVID-19: Household Debt During the Pandemic [October 22, 2020] [open pdf - 1MB]
From the Introduction: "This report explores household debt since the COVID-19 [coronavirus disease 2019] pandemic began. First, it describes the effects the pandemic has had on unemployment and income losses, followed by a discussion of observed trends in household debt and delinquencies. Then, the report highlights two important policy impacts that influenced these trends: consumer loan forbearance and macroeconomic policy to support households during the economic recession. Lastly, the report discusses the uncertain outlook for household finances and consumer debt markets."
Report Number: | CRS Report for Congress, R46578 |
Author: | |
Publisher: | |
Date: | 2020-10-22 |
Series: | |
Copyright: | Public Domain |
Retrieved From: | Congressional Research Service: https://crsreports.congress.gov/ |
Format: | pdf |
Media Type: | application/pdf |
URL: |