The COVID-19 pandemic has caused unprecedented health and economic consequences and exacerbated existing inequalities—straining families’ economic mobility and restricting the U.S. economy. More than ever, decisionmakers need data-driven economic analysis with an inclusive lens. Over the last year, the JPMorgan Chase Institute continued to deliver groundbreaking research and expert findings on the financial health of US households and businesses aimed at helping policymakers, industry, and non-profit leaders make more informed decisions.
Below we have assembled 10 key charts that summarize 2021. Collectively they illustrate the financial impact of the pandemic on households, workers, and businesses, as well as the role of government supports in counteracting some of the economic consequences of the pandemic.
As we move into 2022, the Institute will continue to be laser focused on answering our toughest economic questions, and, alongside the JPMorgan Chase PolicyCenter, highlighting evidence-based solutions for policymakers and decision makers to create an inclusive recovery. Thank you for your continued partnership, interest, and engagement in our work. Together, we can use data and evidence to make more informed decisions that advance prosperity for all.