Envestnet | Yodlee COVID-19 Income and Spending Trends
In addition to the significant public health impacts of the COVID-19 pandemic, the virus has had a profound effect on the financial security of many Americans. Amidst an uncertain economic environment, consumer financial behavior has changed drastically and policymakers, eager to provide vital economic assistance to those who need it most, may not have access to critically-important data that can help inform their actions. Envestnet | Yodlee COVID-19 Income and Spending Trends provides insight into how the current environment is financially impacting Americans.
Insights and analytics can be a very powerful tool in decision-making for businesses, individuals and the government to make informed decisions toward helping us all navigate through this crisis.
See key spending and income trends for Americans and their families.
Change in Net Employment for Select Sectors
- As the economy reopened, recovery in net employment started in July after reaching the lows in Spring 2020.