The most common financial response to the coronavirus outbreak in 2020 was to put more money into savings. According to a survey conducted in late 2020, 70 percent of U.S. residents responded to the economic turbulence caused by the pandemic by adding more money into savings. Another common change was to buy investments, which 45 percent of respondents stated to have done, and another 44 percent stated to have adjusted their retirement plan investments.
Investment changes made or planned as a result of the COVID-19 outbreak in the United States in 2020
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Empower Retirement, & Personal Capital. (February 17, 2021). Investment changes made or planned as a result of the COVID-19 outbreak in the United States in 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1228795/investment-changes-made-or-planned-due-to-coronavirus-usa/
Empower Retirement, und Personal Capital. "Investment changes made or planned as a result of the COVID-19 outbreak in the United States in 2020 ." Chart. February 17, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1228795/investment-changes-made-or-planned-due-to-coronavirus-usa/
Empower Retirement, Personal Capital. (2021). Investment changes made or planned as a result of the COVID-19 outbreak in the United States in 2020 . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1228795/investment-changes-made-or-planned-due-to-coronavirus-usa/
Empower Retirement, and Personal Capital. "Investment Changes Made or Planned as a Result of The Covid-19 Outbreak in The United States in 2020 ." Statista, Statista Inc., 17 Feb 2021, https://www.statista.com/statistics/1228795/investment-changes-made-or-planned-due-to-coronavirus-usa/
Empower Retirement & Personal Capital, Investment changes made or planned as a result of the COVID-19 outbreak in the United States in 2020 Statista, https://www.statista.com/statistics/1228795/investment-changes-made-or-planned-due-to-coronavirus-usa/ (last visited November 21, 2024)
Investment changes made or planned as a result of the COVID-19 outbreak in the United States in 2020 [Graph], Empower Retirement, & Personal Capital, February 17, 2021. [Online]. Available: https://www.statista.com/statistics/1228795/investment-changes-made-or-planned-due-to-coronavirus-usa/
