Share of Americans who reduced spending due to COVID-19 March 2020

Published by Statista Research Department, Jan 11, 2022
Almost half of Americans cut their spending due to concerns about the economy as a result of COVID-19. A further 15 percent did so, because of concerns over the stock market. The coronavirus pandemic caused over 150,000 deaths worldwide as of April 2020, as well as many job losses and stock market losses.

Have you reduced your spending due to concerns about the coronavirus and its impact on the economy or stock market?

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Sources

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Release date

March 2020

Region

United States

Survey time period

March 20 to 24, 2020

Number of respondents

2,468 respondents

Method of interview

Online survey

Supplementary notes

Multiple responses were possible.

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