The 62 percent majority of voters say the coronavirus outbreak is very important to their vote in the 2020 presidential election, according to a Pew Research Center survey. Coronavirus is not the most important issue, however. More important than coronavirus is the economy (79 percent of voters say the economy is very important to their vote), health care (68 percent), and Supreme Court appointments (64 percent). Of course, Democrats and Republicans have different opinions about the importance of coronavirus...
Thursday, October 08, 2020
Democrats, Republicans Far Apart on Importance of Coronavirus
Wednesday, October 07, 2020
Most Americans Feel Less Safe
The 55 percent majority of Americans say they feel less safe than they did five years ago, according to a Lloyd's Register Foundation poll undertaken in partnership with Gallup. The poll explored attitudes toward and perceptions of risk in 142 countries around the world, interviewing 150,000 people.
The World Risk Poll was fielded in 2019, well before Covid-19 became one of the major risks faced by the public each day. Yet most Americans at the time reported feeling less safe. The United States is an anomaly in this regard. Worldwide, a smaller 36 percent of the public reported feeling less safe in 2019 than five years earlier.
Perhaps the cause of this anomaly is the fact that Americans are more likely than the average global citizen to report a harmful experience in the past two years. Fully 25 percent of Americans say they have experienced harm from violent crime in the past two years, for example, compared with an 18 percent global average. More than one-third of Americans (35 percent) say they have been harmed by severe weather in the past two years versus 22 percent worldwide. An even larger 40 percent of Americans say they have experienced harm from mental health problems, double the 20 percent global average.
The U.S. public is also more worried than average about issues such as climate change. Nearly half (49 percent) of Americans say climate change is a very serious threat to the United States over the next 20 years. Worldwide, a smaller 41 percent of the public regards climate change as a very serious threat to their country. Americans are also more worried about receiving false information when online. Fully 67 percent of internet users in the U.S. worry about this versus 57 percent of internet users worldwide.
Source: Gallup, Did You Risk Your Life Today? and The Lloyd's Register Foundation World Risk Poll
Tuesday, October 06, 2020
30 Years of Student Loans
Student loans are a ball and chain around the necks of millions of Americans. It didn't used to be this way. The first time the Federal Reserve fielded the Survey of Consumer Finances in 1989, only 8.9 percent of households had student loans. Those households owed a median of just $6,000 (in 2019 dollars) in education debt. Thirty years later in 2019, a much larger 21.4 percent of households had student loans, and they owed a median of $22,000.
Of course, younger adults carry the biggest burden of student loans. Among householders under age 35, the share with education debt climbed from 17 percent in 1989 to 41 percent in 2019. A growing share of middle-aged householders also have education debt. Take a look...
| 2019 | 1989 | |
|---|---|---|
| Total households | 21.4% | 8.9% |
| Under age 35 | 41.4 | 17.1 |
| Aged 35 to 44 | 33.7 | 10.9 |
| Aged 45 to 54 | 23.3 | 7.3 |
| Aged 55 to 64 | 12.2 | 4.1 |
| Aged 65 to 74 | 4.2 | NA |
| Aged 75-plus | NA | NA |
| 2019 | 1989 | percent change | |
|---|---|---|---|
| Total households | $121,800 | $93,600 | 30.1% |
| Under age 35 | 14,000 | 16,200 | -13.6 |
| Aged 35 to 44 | 91,100 | 112,500 | -19.0 |
| Aged 45 to 54 | 168,800 | 195,100 | -13.5 |
| Aged 55 to 64 | 213,200 | 195,300 | 9.2 |
| Aged 65 to 74 | 266,100 | 154,300 | 72.5 |
| Aged 75-plus | 254,900 | 144,300 | 76.6 |
Monday, October 05, 2020
Most Americans Don't Get Enough Exercise: True or False?
There's a lot of tsk-tsking about how little exercise Americans get, with many blaming our couch potato lifestyle for our growing girth. Now this notion is being called into question by a CDC study that probes more deeply how much exercise the average person gets in a typical week.
First, a little background. The federal government measures our physical activity through the National Health and Nutrition Examination Survey (NHANES). The survey asks respondents how much moderate/vigorous leisure-time physical activity they get in a typical week. Over the years, the survey has consistently found a minority of adults meeting the government's guideline of 150 moderate-intensity minutes of physical activity per week. Only 38.6 percent met the aerobic guideline in 2011–16.
But wait. All this time, the government has been counting only leisure-time physical activity. So all the sweat and tears of those who move furniture, hammer nails, dig ditches, chase toddlers, clean houses, and turn patients don't count. Until now. The CDC added additional questions to the 2011–16 NHANES asking about physical activity during paid work, housework, and transportation (walking to the store, biking to work). Voila! When those domains are also considered, the 64 percent majority of adults meet the aerobic guideline. Not only that, but some of the exercise disparities between groups narrow.
Take education, for example. When measuring only leisure-time physical activity, the percentage who meet the aerobic guideline ranges from a low of 22 percent for the least educated (without a high school diploma) to 53 percent among the best educated (with a bachelor's degree)—a 31.2 percentage point gap. But when physical activity during paid work, housework, and transportation are added to the mix, the gap is cut in half. The 54.6 percent majority of those with the least education now meet the guideline compared with 69.1 percent of college graduates, a 14.5 percentage point gap.
When all domains are considered, the majority of Americans in all but one demographic segment meet the federal guideline for aerobic physical activity during a typical week. People aged 65 or older are the only ones who fall short, with 46.5 percent meeting the guideline (up from 27.3 percent when only leisure-time physical activity is considered). Why doesn't the federal government always include the other domains when it asks about physical activity? Because doing so would add questions to the survey and increase respondent burden, the CDC notes.
The fact that Americans get more exercise than long assumed is good news. But there's bad news as well. If most Americans are meeting the aerobic physical activity guideline, then something other than a lack of exercise must be to blame for our increasing weight. Time to start skipping dessert.
Thursday, October 01, 2020
How Important Is Computer Science Education?
The 69 percent majority of parents with children in grades 7 through 12 think it is important for their children to learn computer science, but only 35 percent think it is very important, according to a Gallup survey supported by Google. For the survey, computer science is defined as "the study of computers, including both hardware and software design, development and programming." It does not include simply using a computer, doing online research, or creating documents on a computer.
Students themselves are even less likely than parents to think it is important to learn computer science. Only 40 percent think it is important, and just 16 percent think it is very important. Boys (22 percent) are more likely than girls (9 percent) to think it is very important to learn computer science.
Among parents, 32 percent think it is very likely that their child will need to know computer science for their career someday. Just 35 percent of parents have ever encouraged their child to pursue a career in computer science. Among students, only 10 percent say they are very likely to pursue a career in computer science.
Source: Gallup, Parents Think Computer Science Education Is Important
Wednesday, September 30, 2020
Covid-19 Recession Endangers Black Wealth
First, the good news. The median net worth of Black households climbed 33 percent between 2016 and 2019, after adjusting for inflation. This was a much bigger increase than the 18 percent rise in the median net worth of all households during those years and far surpassed the 3 percent increase in the median net worth of non-Hispanic white households.
There's more good news. The wealth gap between non-Hispanic whites and Blacks narrowed between 2016 and 2019. Non-Hispanic white households had 10 times the wealth of Blacks in 2016. They had only 8 times the wealth in 2019.
Now for the bad news. The median net worth of Black households was just $24,100 in 2019. Sure, this is 33 percent more than in 2016, but it isn't much of a buffer during a pandemic.
Tuesday, September 29, 2020
Median Household Net Worth in 2019: $121,800
How wealthy is the average American household? We find out only every three years, which is a very long wait. Well, the wait is over but the moment is bittersweet.
On the one hand, we now know that net worth climbed by a substantial 17.7 percent between 2016 and 2019, after adjusting for inflation—almost, but not quite, a record-busting increase (outdone only by the 18.4 percent increase between 2004 and 2007). On the other hand, because of Covid, who cares? Reviewing the 2019 numbers is like looking through an old family photo album of a time long ago and far away.
Still, the story must be told...
Monday, September 28, 2020
Mental Health Problems Common before Coronavirus
The mental health of Americans has taken a beating during the coronavirus pandemic. But mental health wasn't all that great in 2019, either. According to results from the 2019 National Health Interview Survey, a substantial 18.5 percent of adults had experienced symptoms of depression in the past two weeks, and 15.6 percent had experienced symptoms of anxiety. Here are the numbers by age...
Thursday, September 24, 2020
Median Tenure with Employer: 4.1 Years
How long have you worked for your current employer? Among all wage and salary workers aged 16 or older, median tenure was 4.1 years as of January 2020. Among workers aged 25 or older, median tenure was 4.9 years.
The median tenure of workers aged 25 or older was slightly higher a decade ago in 2010, at 5.2 years. Tenure declined in every age group over the decade with one exception. Among workers aged 65 or older, median tenure grew from 9.9 years in 2010 to 10.3 years in 2020. One reason for the increase is the rising labor force participation of older Americans.
Wednesday, September 23, 2020
50% of Americans Fear Medical Bankruptcy
There's more to fear than coronavirus. There's bankruptcy to fear as well, bankruptcy caused by mounting medical bills for treating coronavirus. Half of Americans are afraid of such a financial catastrophe. According to a Gallup survey fielded in July 2020, fully 50 percent of the public is concerned/extremely concerned that a major health event in their household could lead to bankruptcy. In 2019, a smaller 45 percent felt this way.
Those most likely to be concerned/extremely concerned about bankruptcy due to a major health event are people under age 50 (55 percent) and non-whites (64 percent). Since 2019, the fear of bankruptcy has grown the most for these two groups as well—up 12 percentage points for non-whites, up 12 percentage points for 18-to-29-year-olds, and up 9 percentage points for 30-to-49-year-olds. Those least concerned with going bankrupt due to medical bills are people aged 65-plus (40 percent). Thanks, Medicare!
Overall, 15 percent of Americans have medical debt they will be unable to pay off in the next 12 months. Those most likely to have long-term medical debt are non-whites (20 percent), and households with incomes below $40,000 (28 percent).
"The sharp rise in U.S. healthcare costs, which was already a significant problem for Americans before the Covid-19 pandemic, has only been exacerbated by new challenges presented by the outbreak," Gallup concludes.
Source: Gallup, 50% in U.S. Fear Bankruptcy Due to Major Health Event
Tuesday, September 22, 2020
Missing the Arts
Millions of Americans are missing the arts. It has been more than six months since the public has been free to attend art festivals, live music performances, plays, musicals, dance recitals and other in-person art events. This is a big loss for all of us.
Just how big is revealed by a National Endowment for the Arts analysis of the 2017 Survey of Public Participation in the Arts. The NEA study analyzed attendance at in-person art events by generation, revealing widespread devotion to the arts regardless of age. The majority of Gen Zers, Millennials, Gen Xers, and Boomers attend at least one in-person art event during a year's time. On average, these arts aficionados attend three events a year...
Percent reporting attendance at in-person art events in the past year (and average annual number of events participated in by attendees)
65% of Gen Zers (3.1)
59% of Millennials (2.9)
55% of Gen Xers (3.0)
53% of Boomers (2.9)
41% of Silent Generation (2.7)
Note: Generation Z was 18 to 20 in 2017. Millennials were 21 to 36. Generation X was 37 to 52. Boomers were 53 to 71. The Silent Generation was 72 to 89.
The 2017 survey also explored the reasons for attending arts events and the barriers preventing attendance. Wanting to spend time with family or friends was the top reason for attending an in-person art event—cited by 82 percent of attendees. The biggest barrier to attendance was a lack of time. Those were the good old days.
Source: National Endowment for the Arts, 2017 Survey of Public Participation in the Arts, Why We Engage: Attending, Creating, and Performing Art
Monday, September 21, 2020
Is Crime a Problem? Not in My Neighborhood
The nation's violent crime rate has plummeted over the decades—falling by more than 50 percent since the early 1990s, according to FBI data. Nevertheless, Gallup surveys continue to show that the majority of Americans think crime is a very/extremely serious problem in the United States. But when Gallup asks the public about crime in their local area, then it isn't such a big problem. Only 13 percent of the public says crime is a very/extremely serious problem in their area.
President Trump claims crime is rampant in cities such as New York and Chicago. But the people who live in these and other cities don't think so. According to recently released results from the 2019 American Housing Survey, 94 percent of all Americans disagree with the statement, "This neighborhood has a lot of serious crime." Among those who live in the suburbs, 97 percent disagree. In nonmetro areas, the figure is 95 percent. In central cities, 89 percent disagree. Even in the nation's 15 largest metropolitan areas, at least 90 percent of residents disagree that there is a lot of serious crime in their neighborhood...
Percent who DISAGREE with the statement, "This neighborhood has a lot of serious crime"
| 15 Largest Metro Areas | |
|---|---|
| New York | 93% |
| Los Angeles | 90% |
| Chicago | 92% |
| Dallas | 95% |
| Houston | 92% |
| Washington, DC | 93% |
| Miami | 94% |
| Philadelphia | 91% |
| Atlanta | 95% |
| Phoenix | 94% |
| Boston | 95% |
| San Francisco | 92% |
| Riverside | 93% |
| Detroit | 94% |
| Seattle | 95% |
Thursday, September 17, 2020
Water Accounts for 51% of Nonalcoholic Beverage Consumption
Water accounts for just over half of what American adults drink on an average day (not counting alcoholic beverages). Water is 51.2 percent of nonalcoholic beverage consumption, according to the National Health and Nutrition Examination Survey. In second place among beverages is coffee (14.9 percent), followed by sweetened beverages (10.2 percent), tea, (8.7 percent), fruit beverages (5.6 percent), milk (5.5 percent), and diet beverages (3.8 percent).
Water's share of beverage consumption declines with age while coffee's share increases. Among adults aged 60-plus, coffee accounts for 20.5 percent of daily beverage consumption. This is more than twice coffee's share among young adults...
| total | 20 to 39 | 40 to 59 | 60-plus | |
|---|---|---|---|---|
| Water | 51.2% | 56.5% | 49.3% | 46.9% |
| Coffee | 14.9 | 9.2 | 16.1 | 20.5 |
| Sweetened beverages | 10.2 | 13.5 | 10.4 | 5.9 |
| Tea | 8.7 | 6.7 | 9.6 | 10.3 |
| Fruit beverages | 5.6 | 6.5 | 5.1 | 5.2 |
| Milk | 5.5 | 5.0 | 5.2 | 6.4 |
| Diet beverages | 3.8 | 2.6 | 4.4 | 4.9 |
Source: National Center for Health Statistics, Nonalcoholic Beverage Consumption among Adults: United States, 2015–2018
Wednesday, September 16, 2020
Median Household Income in 2019: $68,703
Tuesday, September 15, 2020
A Bigger Stash of Cash
Did your stash of cash grow as the coronavirus pandemic gained strength in the spring of 2020? If you say yes, you're not alone. Americans carried more cash on their person and stored more cash in their home in May 2020 than they did in 2019.
The Federal Reserve fielded its Diary of Consumer Payment Choice in October 2019, collecting data from a representative sample of the population on the ways Americans pay for things. Two months later, Covid-19 appeared on the worldwide stage, making irrelevant the data collected in October. Rising to the occasion, the Federal Reserve went back into the field and surveyed respondents again in May 2020 to measure changes in payment behavior due to the pandemic. The supplemental survey discovered bigger piles of cash in pockets, purses, and desk drawers.
The amount of cash the average person carries grew 17 percent between October 2019 and May 2020, the supplemental survey found, rising from $69 to $81. The amount of cash the average person has tucked away in their home, office, or car nearly doubled, growing from $257 to $483.
The increase in cash holdings "may point to the relief cash can offer in times of uncertainty and to its role as a contingency payment method," the Federal Reserve explains. Cash becomes a security blanket. The emotional rather than practical bond with cash is confirmed by another fact revealed by the supplemental survey. The 63 percent majority of respondents had not used cash to make any in-person payments since March 10, 2020. Most aren't hoarding cash for purchases. They are hoarding cash for protection.
Source: Federal Reserve Bank of San Francisco, Consumer Payments and the Covid-19 Pandemic: A Supplement to the 2020 Findings from the Diary of Consumer Payment Choice
Monday, September 14, 2020
Who Has It Worse: Blacks or Whites?
"It is a lot more difficult to be a Black person in this country than it is to be a White person." Agree or disagree? Overall, just 44 percent of registered voters in the U.S. agree that it is a lot more difficult to be Black, according to a Pew Research Center survey. Another 32 percent say it is a little more difficult, and 23 percent say it is no more difficult. Of course, there are huge differences in opinion by demographic characteristic and political party identification.
Let's start with race. Among Blacks, fully 81 percent say it is a lot more difficult to be Black than White. Among non-Hispanic whites, just 36 percent feel that way—a gap of 45 percentage points. That's not the biggest attitudinal gap, however. The biggest gap is between Biden and Trump supporters. Among Biden supporters, the 74 percent majority say it is a lot more difficult to be Black. Among Trump supporters, only 9 percent agree—a gap of 65 percentage points.
Millennials: 55% (40%)
Thursday, September 10, 2020
Average Household Spending in 2019: $63,036
Average household spending surpassed $63,000 in 2019—but just barely. The $63,036 spent by the average household in 2019 was 1.1 percent greater than spending in 2018, after adjusting for inflation. Spending in 2019 was the highest ever recorded by the Consumer Expenditure Survey and 12 percent above the post-Great Recession low of $56,077 in 2013.
That's all ancient history now that the coronavirus pandemic has destroyed millions of jobs and plunged the U.S. into a recession. We will have to wait another year before the Bureau of Labor Statistics releases the 2020 Consumer Expenditure Survey data. Only then will be be able to measure the impact of the Covid-19 Recession on household spending.
Average household spending, 2006 to 2019 (in 2019 dollars)2019: $63,036 (record high)
2017: $62,643
2015: $60,378
2013: $56,077 (post-Great Recession low)
2010: $56,403
2006: $61,374 (pre-Great Recession record high)
Source: Bureau of Labor Statistics, 2019 Consumer Expenditure Survey
Wednesday, September 09, 2020
More than 1 in 10 Adults Take Antidepressants
The use of antidepressant medications is widespread in the United States, with 13.8 percent of adults taking antidepressants in the past 30 days. Women are more than twice as likely to use antidepressants as men—18.6 percent of women versus 8.7 percent of men took antidepressants in the past month, according to the National Center for Health Statistics' 2017–18 National Health and Nutrition Examination Survey.
The use of antidepressants rises with age. Nearly one in four women aged 60 or older took an antidepressant in the past 30 days...
Tuesday, September 08, 2020
52% of Young Adults Live with Parents
This is a record high. Young adults (aged 18 to 29) are now more likely to live with their parents than ever measured before—even during the Great Depression, according to Pew Research Center. The coronavirus has driven many young adults back home, says Pew, which analyzed monthly files from the 2020 Current Population Survey. In February 2020, before coronavirus swept through the nation, 47 percent of 18-to-29-year-olds lived with their parents. In July 2020, the 52 percent majority lived with Mom and Dad.
Young adults are more likely than any other age group to have moved due to coronavirus, according to Pew's previous research. Many moved because their college campus closed. Pew notes, however, that the Current Population Survey already classifies college students who live in on-campus college dorms as living with their parents, so the closure of on-campus college dorms did not contribute to the measured increase in young adults who live with parents. Instead, the increase was fueled by college students in off-campus housing who moved back home. It was also fueled by the many young adults who lost their jobs and could no longer afford to live independently.
Between February and July, the percentage of young adults who live with their parents increased in every demographic segment. Among 18-to-24-year-olds, the share living with parents climbed from 63 to 71 percent. Among those aged 25 to 29, the figure grew from 26 to 28 percent. Living with parents became more common for both men and women, in every race and Hispanic origin group, in every region, and in both metros and rural areas.
Total: 52% (5)
Thursday, September 03, 2020
Older Workers Projected To Be 25% of Labor Force
Workers aged 55-plus as a share of the labor force
1999: 12.7%
2009: 18.8%
2019: 23.5%
2029: 25.2%
In 17 states, workers aged 55-plus already account for 25 percent or more of the labor force, according to a BLS analysis of 2019 data. The states with the largest shares of older workers are Vermont (28.8 percent), Maine (28.7 percent), and New Hampshire (28.3 percent). The New England states of Connecticut, Massachusetts, and Rhode Island are also above 25 percent, as are the Middle Atlantic states of Pennsylvania and New Jersey. Florida, of course, ranks among states with the oldest labor force. But so does Hawaii. The remaining states that make the list are Iowa, Maryland, Montana, Nebraska, South Dakota, Virginia, and Wyoming.
Source: Bureau of Labor Statistics, Employment Projections
Wednesday, September 02, 2020
Fastest Growing Job: Wind Turbine Service Technician
10 Fastest Growing Occupations, 2019 to 2029
1. Wind turbine service technician: 60.7%
2. Nurse practitioner: 52.4%
3. Solar photovoltaic installer: 50.5%
4. Statistician: 34.6%
5. Occupational therapy assistant: 34.6%
6. Home health and personal care aide: 33.7%
7. Physical therapist assistant: 32.6%
8. Medical and health services manager: 31.5%
9. Physician assistant: 31.3%
10. Information security analyst: 31.2%
The number of wind turbine service technician jobs is projected to expand by 4,300 in the next 10 years. That's not a lot of jobs, but there weren't many to begin with. So, the percent change in jobs puts wind turbine service technician at the top of the heap. Median annual earnings are $52,910.
Among the 10 fastest growing occupations, home health and personal care aide is projected to gain the largest number of jobs—an impressive 1,159,500 additional jobs over the next 10 years. Median annual earnings are just $25,280.
Of the 10 jobs projected to grow the fastest, physician assistant is the highest paying, with median earnings of $112,260. Two other occupations on the list have median earnings over $100,000—nurse practitioner and medical and health service manager.
Of course, there's a caveat. The BLS states in its news release, "The 2019–29 projections do not include impacts of the Covid-19 pandemic." Since the pandemic may cause structural changes to the economy, the BLS is "developing alternative scenarios for the 2019–29 projection period that encompass possible impacts from the pandemic." Stay tuned.
Source: Bureau of Labor Statistics, Employment Projections
Tuesday, September 01, 2020
50% Increase in Householders Aged 65 to 74
Number of households by age of householder, 2010 and 2019 (numbers in 000s)
| 2019 | 2010 | percent change | |
|---|---|---|---|
| Total households | 128,579 | 117,538 | 9.4% |
| Under age 35 | 26,810 | 25,490 | 5.2% |
| Aged 35 to 54 | 43,441 | 46,390 | -6.4% |
| Aged 55 or older | 58,328 | 45,657 | 27.8% |
| Aged 55 to 64 | 24,172 | 20,387 | 18.6% |
| Aged 65 to 74 | 19,681 | 13,164 | 49.5% |
| Aged 75 or older | 14,475 | 12,106 | 19.6% |
Between 2010 and 2019, the number of households headed by younger adults (under age 35) increased by just 5 percent. Households headed by the middle-aged (35 to 54) fell 6 percent because the small Generation X is in the age group.
Source: Census Bureau, 2019 Current Population Survey
Monday, August 31, 2020
Regional Disparity in Mask Use Shrinks
As coronavirus cases surged during the summer, there were double-digit increases in the regular use of masks in most regions of the country. Consequently, regional differences in mask use have narrowed.
Regions with lowest and highest mask use, June 2020
Lowest: 47% in West North Central states
Highest: 87% in Middle Atlantic states
Difference: 40 percentage points
Regions with lowest and highest mask use August 2020
Lowest: 70% in West North Central states
Highest: 92% in Pacific states
Difference: 22 percentage points
Source: Pew Research Center, More Americans Say They Are Regularly Wearing Masks in Stores and other Businesses
Thursday, August 27, 2020
Summer Protests Are Changing (Some) Minds
By race, there are still big differences in attitudes. But the gap is narrowing. In June 2020, 50 percent of whites said the killings were isolated incidents, down from 65 percent who felt that way in 2015. Among Blacks, only 16 percent think the killings are isolated incidents, little changed from 2015.
PRRI took a closer look at white attitudes toward racial justice, revealing a stark and growing polarization by political ideology. Here are white responses to four questions in June 2020 by political party identification (and percentage point change since 2015)...
Recent police killings of unarmed Black men are isolated incidents (percent agree)
White Democrats: 19% (-24)
White Republicans: 81% (-4)
Generations of slavery and discrimination have created conditions that make it difficult for Black Americans to work their way out of the lower class (percent disagree)
White Democrats: 24% (-19)
White Republicans: 81% (+2)
The Confederate flag is more of a symbol of Southern pride than of racism (percent agree)
White Democrats: 21% (-21)
White Republicans: 85% (+6)
Monuments to Confederates are more symbols of southern pride than of racism (percent agree)
White Democrats: 31% (-18)
White Republican: 93% (+6)
Source: PRRI, Summer Unrest over Racial Injustice Moves the Country, But Not Republicans or White Evangelicals
Wednesday, August 26, 2020
High School Seniors Are Taking Fewer Risks—Sort of
Percent of high school seniors who engaged in activity, 1999 to 2019
| 2019 | 2009 | 1999 | |
|---|---|---|---|
| Drove after drinking* | 7.8% | 28.2% | 37.2% |
| Currently smoke cigarettes* | 9.0 | 25.2 | 42.8 |
| Currently drink alcohol* | 39.9 | 51.7 | 61.7 |
| Currently use marijuana* | 28.3 | 24.6 | 31.5 |
| Ever had sexual intercourse | 56.7 | 62.3 | 64.9 |
| Currently sexually active** | 42.3 | 49.1 | 50.6 |
| Use a computer 3 or more hours per day for something other than school work*** | 45.5 | 21.2 | – |
| Watch television 3 or more hours per day*** | 19.4 | – | 33.1 |
Many fewer high school seniors report driving after drinking, with the number falling from 37 percent in 1999 to just 8 percent in 2019. But the 59.5 percent majority of 2019 high school seniors say they have texted while driving in the past 30 days, a behavior that can be as dangerous as driving after drinking.
Tuesday, August 25, 2020
Small Business Pulse Survey, Phase 2
Supply chain problems are common:
"In the last week did this business have any of the following?"
Domestic supplier delays: 29.4%
Delays in delivery/shipping to customers: 18.0%
Difficulty locating alternative domestic suppliers: 12.6%
Production delays at this business: 9.0%
Foreign supplier delays: 10.0%
Difficulty locating alternative foreign suppliers: 3.7%
No supply chain problems: 61.5%
Most businesses are experiencing reduced operating capacity:
"How would you describe this business's current operating capacity relative to one year ago?"
Decreased: 55.2%
No change: 37.5%
Increased: 7.3%
Physical distancing requirements are limiting operating capacity for many businesses:
"In the last week was this business's operating capacity affected by any of the following?"
Physical distancing of customers: 21.0%
Availability of personal protective equipment and/or related equipment or supplies: 21.0%
Availability of other supplies or inputs used to provide goods or services: 14.4%
Physical distancing of employees: 11.1%
Ability to rehire furloughed or laid off employees and/or hire new employees: 8.6%
Ability of employees to work from home: 3.2%
None of the above: 57.5%
Many businesses say they need to increase sales or obtain financial assistance:
"In the next 6 months, do you think this business will need to do any of the following?"
Increase marketing or sales: 32.8%
Obtain financial assistance or additional capital: 26.8%
Identify and hire new employees: 23.4%
Learn how to better provide for the safety of customers and employees: 19.3%
Identify new supply chain options: 14.1%
Develop online sales or websites: 13.9%
Permanently close this business: 5.5%
None of the above: 32.7%
Both phase 1 and phase 2 of the Small Business Pulse Survey have asked businesses how long it would be before operations return to normal. During the week of August 9-15, the 57 percent majority of small businesses said it would be more than 6 months before a return to normal. This was the highest level of pessimism recorded in any week of the survey.
Source: Census Bureau, Small Business Pulse Survey
Monday, August 24, 2020
Working Mothers: Unsung Heroes
Fast forward to today. The coronavirus pandemic is making it all but impossible for many parents to work now that children are at home rather than in day care or at school. How many parents are unable to work because of these child care issues? A lot, according to the Census Bureau's Household Pulse Survey. Among adults aged 18 to 64, a substantial 18 percent reported as of mid-July that they were not working because of Covid-19 related child care issues. Among adults aged 25 to 44, almost one in four (24 percent) were not working because of the lack of child care during the pandemic. Among women aged 25 to 44, the figure was 31 percent.
Percent of 25-to-44-year-olds not working due to Covid-19 related child care issues, July 16-21
Total: 18.2%
Men: 11.6%
Women: 30.9%
"Parents are among the unsung heroes of this crisis," notes the Census Bureau. "They have adapted their households and juggled work, children's schooling and other household needs. However, the pandemic uniquely affected mothers' work in formal labor markets."
Source: Census Bureau, Working Moms Bear Brunt of Home Schooling while Working during Covid-19
Thursday, August 20, 2020
Only 5% Are Heavy Drinkers?
With this in mind, consider the latest data on drinking in the United States. Overall, 66 percent of adults aged 18 or older reported consuming alcohol in the past year, according to the National Center for Health Statistics' 2018 National Health Interview Survey. The NCHS calculates alcohol consumption using two questions. First, the 66 percent of respondents who are drinkers are asked how often they drink. Then they are asked, "In the past year, on those days that you drank alcoholic beverages, on the average, how many drinks did you have?" Based on the answers to those two questions, the government calculates how much alcohol men and women consume in an average week. Men who drink more than 14 alcoholic drinks a week and women who drink more than 7 are classified as heavy drinkers. An alcoholic drink is defined as one 12-ounce beer, one 5-ounce glass of wine, or 1.5 ounces of liquor.
According to the calculations based on these self-reports, only 5.0 percent of men aged 18 or older drink more than 14 alcoholic drinks a week. Only 5.2 percent of women drink more than 7 drinks a week. If you think this is an understatement, it most certainly is.
Source: National Center for Education Statistics, Heavy Drinking among U.S. Adults, 2018
Wednesday, August 19, 2020
36% of Kids Eat Fast Food on an Average Day
Overall, fast food accounted for 14 percent of children's daily calorie intake in 2015–18. It accounts for a greater percentage of daily calories among teens aged 12 to 19 (17 percent) than among children aged 2 to 11 (11 percent). By race and Hispanic origin, fast food accounts for 21.5 percent of daily calorie intake for Blacks teens, the most of any demographic segment. Among Hispanic teens, the figure is 18.5 percent, and among non-Hispanic whites 14.8 percent.
Fast food consumption of children aged 2 to 19, average day 2015–18
64% consumed no fast food
11% consumed less than 25 percent of calories from fast food
14% consumed 25 to 45 percent of calories from fast food
11% consumed over 45 percent of calories from fast food
Source: National Center for Health Statistics, Fast Food Intake among Children and Adolescents in the United States, 2015–2018
Tuesday, August 18, 2020
Creative Economy Sheds Jobs
- Creative industries—such as music, film, design, advertising, and theater—lost 2.7 million jobs (31 percent) and $150 billion in sales of goods and services (9 percent) from April through July.
- Fine and performing arts industries lost 50 percent of their jobs.
- Creative occupations—such as musician, artist, performer, and designer—shed 2.3 million jobs (30 percent) and 15 percent of total average monthly wages.
- By state, California is in the lead in absolute numbers of jobs lost and revenue foregone. But as a percentage of jobs lost, smaller states have bigger losses. Seven states—Alaska, Nevada, New Mexico, Wyoming, Maryland, Vermont, and Maine—have lost more than one-third of their creative industry jobs.
- Among metropolitan areas, New York and Los Angeles lost the most creative industry and creative occupation jobs. But in percentage terms, the losses are much greater in smaller metros. Las Vegas lost 36 percent of its creative industry jobs from April through July, 2020. Other metros where creative industry jobs fell by more than one-third are Nashville, Tucson, New Orleans, Baltimore, Jacksonville, and Richmond.
Source: Brookings Institution, Lost Art: Measuring Covid-19's Devastating Impact on America's Creative Economy
Monday, August 17, 2020
"Elevated Levels of Adverse Mental Health Conditions"
The CDC fielded the survey June 24-30. The survey's questions assessed symptoms of anxiety, depression, trauma or stress-related disorder, increased substance use, and suicidal thoughts. Here are the findings...
Percent of Americans with adverse mental health conditions, June 24-30
25.5% have an anxiety disorder
24.3% have a depressive disorder
26.3% have trauma or stress related disorder
13.3% had started/increased substance use
10.7% had considered suicide in the past 30 days
These numbers are not normal. "The prevalence of symptoms of anxiety disorder was approximately three times those reported in the second quarter of 2019 (25.5% versus 8.1%)," the CDC reports. "Prevalence of depressive disorder was approximately four times that reported in the second quarter of 2019 (24.3% versus 6.5%)." The percentage of respondents who had seriously considered suicide in the past 30 days climbed from 4.3 percent in the second quarter of 2019 to the 10.7 percent of June 2020.
Younger adults are faring the worst. Among 18-to-24-year-olds, fully 75 percent exhibited at least once adverse mental or behavioral health symptom, as did 52 percent of those aged 25 to 44. The figure was 29.5 percent among 45-to-64-year-olds and 15 percent among people aged 65 or older.
Source: CDC, Morbidity and Mortality Weekly Report, Mental Health, Substance Use, and Suicidal Ideation during the Covid-19 Pandemic—United States, June 24–30, 2020
Thursday, August 13, 2020
Hispanic, Latino, or Latinx?
The preferred term is Hispanic, according to a Pew Research Center survey of U.S. adults who self-identify as Hispanic or Latino. Fully 61 percent of the Hispanic population prefers the term Hispanic. Another 20 percent prefer the term Latino, and just 4 percent opt for Latinx.
But wait. Most Hispanics have never heard of the term Latinx, which has been introduced recently as a gender-neutral alternative for Latino. Only 23 percent of Hispanics have heard of it. Even among those who are aware of the term Latinx, however, just 10 percent prefer it. Fully 50 percent of Hispanics who have heard of Latinx prefer the term Hispanic, and 31 percent prefer Latino.
Source: Pew Research Center, About One-in-Four U.S. Hispanics Have Heard of Latinx, but just 3% Use It
Wednesday, August 12, 2020
Why Parents Are Tearing Their Hair Out
Consider the time use of parents before the pandemic. On an average day in 2019, parents with children under age 18 spent only 1.36 hours a day caring for their children as a primary activity (their main activity), according to the Bureau of Labor Statistics' American Time Use Survey. Mothers spent 1.74 hours a day and fathers 0.91 hours a day caring for children.
Before coronavirus, few parents spent any time engaged in education-related activities with children. Parents devoted only 0.11 hours (less than 7 minutes) to their child's educational activities on an average day in 2019. Most parents did not engage in education-related activities with their children at all, according to a BLS analysis of time use data from 2015–19. For married parents, here are the percentages who participated in education-related activities with their children on an average day...
Married parents engaging in education-related activities with children, average day 2015–19
5.2% of fathers with full-time jobs
9.2% of mothers with full-time jobs
18.2% of mothers with part-time jobs
19.4% of mothers who are not employed
Now imagine how many parents are engaged in education-related activities with their children on an average day in 2020 and how much time they are devoting to it.
Source: Bureau of Labor Statistics, Average Hours Per Day Parents Spent Caring for and Helping Household Children as Their Main Activity
Tuesday, August 11, 2020
Praying Away the Coronavirus
Percent who pray at least weekly to help cope with the coronavirus outbreak
Aged 18 to 29: 38%
Aged 30 to 49: 51%
Aged 50 to 64: 64%
Aged 65-plus: 67%
Younger adults are more likely to exercise than pray as a way to cope with the pandemic, with 61 to 62 percent of people under age 50 engaging in exercise as a coping mechanism at least once a week. Adults aged 50 or older depend on prayer and exercise about equally.
Regardless of age, watching TV is the number-one coping mechanism, followed by spending time outdoors. Fully 89 percent of the public reports watching TV or movies at least weekly to get through these strange days, and 84 percent report spending time outdoors.
Source: Pew Research Center, U.S. Adults Regularly Turn to a Variety of Activities to Help Cope with Coronavirus Outbreak
Monday, August 10, 2020
Most Are Not Comfortable Flying
Not comfortable flying at all
Aged 18 to 34: 33%
Aged 35 to 54: 51%
Aged 55 or older: 69%
These numbers are bad news for the airline industry. Americans aged 55 or older—those most afraid to fly—account for 44 percent of all household spending on air fares, according to the Bureau of Labor Statistics' Consumer Expenditure Survey. "Differences in comfort level by age group might be expected given that older adults are more vulnerable to severe illness from Covid-19," says Gallup. "But the extent of those differences is especially noteworthy given that baby boomers and retirees are important market segments for leisure travel."
Half of 35-to-54-year-olds are afraid to fly as well. This age group accounts for another 40 percent of household spending on airline fares. The 18-to-34 age group is the one least afraid to fly, but it accounts for just 16 percent of spending on air travel.
Source: Gallup, 52% of U.S. Air Travelers Now Uncomfortable Flying; and Demo Memo analysis of the Bureau of Labor Statistics' 2018 Consumer Expenditure Survey
Thursday, August 06, 2020
One-Third of Renters Unsure about Ability to Pay Rent
Percent of renters with no/only slight confidence in ability to pay next month's rent (July 16-21)
33% of all renters
29% of those aged 18 to 24
36% of those aged 25 to 39
39% of those aged 40 to 54
28% of those aged 55 to 64
13% of those aged 65-plus
22% of non-Hispanic whites
27% of Asians
42% of Blacks
49% of Hispanics
43% of households with children under age 18
Source: Census Bureau, Week 12 Household Pulse Survey: July 16-21
Wednesday, August 05, 2020
What Parents Want
Parents' preferences for the resumption of school (July 13-27)
Full-time in person school: 36%
Part-time in-person/part-time remote: 36%
Full-time remote instruction: 28%
Behind the 20 percentage-point drop in support of full-time in-person instruction are parents' growing fears that their children will become infected with Covid-19. Between June and July, the percentage of parents who are somewhat/very worried about their child becoming infected climbed from 46 to 64 percent. This growing fear explains the 21 percentage-point increase in parents' preference for full-time remote instruction, which rose from just 7 percent in June to the 28 percent of July. There was almost no change in the percentage of parents who favor a mix of in-person and remote schooling.
Republicans are far less concerned than Democrats about their children going back to school. Among parents who are Democrats, only 13 percent favor full-time in-person schooling. Among parents who are Republicans, 68 percent favor traditional instruction.
Source: Gallup, Fewer U.S. Parents Want Full-Time In-Person Fall Schooling
Tuesday, August 04, 2020
Why Nursing Homes Are Covid Hot Spots
In a unique study, NBER researchers analyzed the geolocation data of more than 500,000 smartphones observed in at least one of 15,000 nursing homes during the six weeks following the nationwide nursing home visitor restrictions that went into effect March 13. Since visitors were no longer allowed into nursing homes, most of these smartphones belonged to staff. The goal of the study was to discover how interconnected nursing homes are through their staff. Very connected: "We find that 7 percent of individuals entering a nursing home also entered at least one other nursing home in the six-week period," the researchers report. The average nursing home, in fact, has connections with 15 other nursing homes. There are a number of reasons for this high level of connectivity. One, most nursing homes rely on staffing agencies to fill some of their staffing needs, which can vary from day to day. Two, nursing home workers may work at multiple facilities and many do. Three, hospice workers and other specialists travel to multiple nursing homes.
"Eliminating staff linkages between nursing homes could reduce Covid-19 infections in nursing homes by 44 percent," the researchers estimate. "These results provide evidence of the magnitude of the benefits that would derive from compensating nursing home workers to work at only one home and limiting cross-traffic across homes," they conclude.
Source: National Bureau of Economic Research, Nursing Home Staff Networks and Covid-19, Working Paper #27608
Monday, August 03, 2020
Teleworking During the Coronavirus Pandemic
In response to the coronavirus pandemic, the Bureau of Labor Statistics has added five questions to the monthly Current Population Survey, which collects the government's official employment data. The BLS first added the questions in May and plans to continue asking them each month for the foreseeable future. Besides teleworking, respondents are also being asked whether they are unable to work because their employer has closed or lost business, whether they are being paid if they are missing work, and whether the pandemic has prevented them from looking for a job.
The 31 percent who reported teleworking in June was little different from the 35 percent who said they had done so in May. The characteristics of those who are teleworking because of the pandemic are not surprising, but nevertheless striking. Teleworking rises steeply as education increases...
Percent of the employed who teleworked for pay in the past 4 weeks due to the coronavirus, by education, June 2020
4.8% of those without a high school diploma
12.6% of high school graduates only
22.3% of those with some college
48.0% of those with a bachelor's degree
63.3% of those with a graduate degree
By race and Hispanic origin, Asians are far more likely to telework than other race and Hispanic origin groups. This is because Asians are the most educated workers and also the ones most likely to work in management and professional occupations. Hispanics are least likely to telework because they are the least-educated workers and also least likely to be managers or professionals...
Percent of the employed who teleworked for pay in the past 4 weeks due to the coronavirus, by race and Hispanic origin, June 2020
48.5% of Asians
30.8% of non-Hispanic whites
25.7% of Blacks
21.1% of Hispanics
By age, there are few differences in teleworking with one exception. Workers under age 25 are far less likely to telework (15 percent) than those aged 25 to 54 (35 percent) or aged 55 or older (30 percent).
Source: Bureau of Labor Statistics, Supplemental Data Measuring the Effects of the Coronavirus (Covid-19) Pandemic on the Labor Market
Thursday, July 30, 2020
When Should Children Have Their Own Smartphone?
Parents with a child aged 5 to 11
80% say their child uses/interacts with a tablet computer
63% say their child uses/interacts with a smartphone
Parents with a child under age 5
48% say their child uses/interacts with a tablet computer
55% say their child uses/interacts with a smartphone
What is the appropriate age for children to have their own device? When it comes to smartphones, 73 percent of parents think a child should be 12 or older, with 45 percent giving the nod to children aged 12 to 14 and another 28 percent wanting to wait until a child is aged 15 to 17. Parents are more lax when it comes to tablet computers. Fully 65 percent think children can have their own tablet computer before the age of 12, while 31 percent say the child should be 12 or older.
Source: Pew Research Center, Parenting Children in the Age of Screens
Wednesday, July 29, 2020
Covid Stress Is Making Us Sick
Those most likely to say their mental health is suffering are women (57 percent), young adults aged 18 to 29 (62 percent), Blacks (68 percent), and those who are having financial difficulties because of the pandemic (71 percent).
The worry and stress due to the coronavirus pandemic is also affecting our physical wellbeing. Most Americans have experienced at least one of of these ailments because of the stress...
In the past two months, have you experienced any of the following due to worry or stress related to the coronavirus outbreak?
36% have had trouble falling asleep, staying asleep, or sleeping too much
32% have experienced a poor appetite or overeating
18% have had difficulty controlling their temper
18% have had frequent headaches or stomachaches
12% have increased their alcohol or drug use
12% have had their chronic conditions worsen
Overall, the 52 percent majority of the public has experienced at least one of these health problems in the past two months.
Source: Kaiser Family Foundation, KFF Health Tracking Poll—July 2020
Tuesday, July 28, 2020
First-Time Homebuyer Watch: 2nd Quarter 2020
Taken at face value, the second quarter numbers suggest that homeownership in the United States has surged in the midst of the pandemic. Nationally, the homeownership rate climbed to 67.9 percent in the second quarter of 2020, a stunning 3.8 percentage points higher than the rate in the second quarter of 2019. The homeownership rate of 35-to-39-year-olds appears to have increased by a whopping 5.6 percentage points over the past year. Every age group saw its homeownership rate rise substantially, as did households in every region, every income group, and every race and Hispanic origin group. The homeownership rate of households with incomes below the all-household median climbed 5.2 percentage points between second quarter of 2019 and second quarter 2020. Those with incomes above the median saw their rate rise by 2.3 percentage points. Black homeownership grew by 6.4 percentage points, Hispanic by 4.8 percentage points, and non-Hispanic white by 2.9 percentage points. These outsized increases in homeownership are most likely a statistical artifact of the pandemic.
The Census Bureau's press release accompanying the second quarter data notes the impact of the pandemic on the survey. In-person interviews were suspended in March, and the bureau attempted to collect data by telephone from the households scheduled for in-person interviews. Perhaps as a consequence, the survey's response rates were well below normal. The second quarter response rates were 69.9 percent in April, 67.4 percent in May, and 64.9 percent in June—sharply lower than the response rate of 82.7 percent in the same time period a year earlier.
* Data users should exercise caution, the bureau warns. That's why there's a giant asterisk hovering over the homeownership rate of 35-to-39-year-olds.
Monday, July 27, 2020
Covid-19 Is Getting A LOT Worse
Behind the worsening outlook is a tripling of daily coronavirus cases. "On June 7, the seven-day average of new cases was less than 22,000 per day," reports Gallup. "By July 19, it had exceeded 66,000 cases per day."
Partisan differences have never been greater. Among Democrats, 86 percent think the situation is getting a lot worse, an astonishing 72 percentage points higher than on June 7. Among Republicans, only 15 percent think the situation is getting a lot worse, up 13 percentage points.
Source: Gallup, U.S. Covid-19 Outlook Deteriorates as Infections Spike
Thursday, July 23, 2020
Many Museums Are in Danger of Closing
The 56 percent majority of museums have 6 months or less of operating reserves remaining. Only half expect to reopen with 100 percent of their workforce. All expect to lose operating revenue in 2020, with most expecting substantial declines...
Operating income museums expect to lose in 2020
30% expect to lose up to 20 percent
37% expect to lose 21-40 percent
22% expect to lose 41-60 percent
11% expect to lose 81 percent or more
"The survey results document extreme financial distress in the museum field," reports the AAM.
Source: American Alliance of Museums, National Survey of Covid-19 Impact on United States Museums
Wednesday, July 22, 2020
Most Men 65-Plus Are Current or Former Smokers
Cigarette smoking status of men aged 65-plus
Current smoker: 10%
Former smoker: 49%
Never smoker: 41%
Cigarette smoking status of women aged 65-plus
Current smoker: 7%
Former smoker: 31%
Never smoker: 62%
Not surprisingly, health problems are more common among smokers than nonsmokers. A substantial 28 percent of current smokers aged 65 or older report having chronic obstructive pulmonary disease (COPD), for example. The figure is a smaller 19 percent among former smokers, and 7 percent for never smokers.
The prevalence of health problems among former smokers depends on how long they smoked. Among former smokers who smoked for 10 or fewer years, only 9 percent have COPD. Among those who smoked for 10 to 25 years, 12 percent have the disease. The share rises to 20 percent among those who smoked for 25 to 40 years and peaks at 33 percent among those who smoked for 40 or more years. Most former smokers had smoked for 25 or more years, NCHS reports, and one in four had smoked for 40 or more years.
"Smoking cessation has been shown to be beneficial at any age," the NCHS concludes. "However, even after quitting smoking, the length of time a person smoked is reflected in current health measures among people aged 65 and over."
Source: National Center for Health Statistics, Health of Former Cigarette Smokers Aged 65 and Over: United States, 2018 (PDF)
Tuesday, July 21, 2020
Nearly Half the 75-Plus Population Has a Disability
Percent of Americans with a disability by type and age, 2018
| all ages | 75-plus | |
|---|---|---|
| Any disability | 12.6% | 47.5% |
| Hearing difficulty | 3.6 | 21.7 |
| Vision difficulty | 2.4 | 9.0 |
| Cognitive difficulty | 5.1 | 13.1 |
| Ambulatory difficulty | 6.8 | 31.0 |
| Self care difficulty | 2.6 | 12.8 |
| Independent living difficulty | 5.8 | 23.4 |
Monday, July 20, 2020
Employment-Population Ratio below 50% in 10 States
Nationally, the employment-population ratio was 52.8 percent in May 2020, according to the Bureau of Labor Statistics, meaning 52.8 percent of the population aged 16 or older was currently employed. This figure is well below the 60.6 percent employment-population ratio one year earlier in May 2019. The 7.8 percentage point drop in the national ratio between May 2019 and May 2020 pales in comparison to the decline in some states. In Nevada, for example, the employment-population ratio fell by 19 percentage points...
May 2020 employment-population ratio in the 10 states with a ratio below 50 percent
| employment-population ratio | percentage point change, May 2019-May 2020 | |
|---|---|---|
| California | 49.6% | -10.1 |
| Florida | 47.1 | -10.1 |
| Hawaii | 45.0 | -14.0 |
| Louisiana | 49.6 | -6.1 |
| Michigan | 46.8 | -12.3 |
| Mississippi | 47.2 | -5.5 |
| Nevada | 41.9 | -19.2 |
| New Mexico | 49.9 | -5.3 |
| New York | 49.8 | -8.4 |
| West Viriginia | 47.2 | -5.0 |
Overall, 8 states experienced a double-digit decline in their employment-population ratio between May 2019 and May 2020. Five of the states are shown above. The three additional states are Massachusetts, New Hampshire, and Rhode Island.
Source: Bureau of Labor Statistics, Employment-Population Ratio Less than 50.0 Percent for 10 States in May 2020
Thursday, July 16, 2020
Only 38% of Small Businesses May be Left Standing
At the end of March/early April, NBER researchers asked a sample of small businesses whether they would still be in operation in December 2020 if the Covid crisis lasted one month, four months, or six months. The 72 percent majority of small businesses said they likely would be in operation in December if the Covid crisis lasted just one month. At four months, only 47 percent thought they would still be around in December. At six months, just 38 percent said it's likely they would survive. Here are the percentages of small businesses that think they could survive a 6-month Covid crisis by industry...
Percent of businesses likely to be in operation in December 2020 if Covid crisis lasts 6 months
Banking/finance: 59%
Real estate: 56%
Professional services: 54%
Construction: 45%
Arts/entertainment: 35%
Health care: 35%
Tourism/lodging: 27%
Personal services: 22%
Restaurant/bar: 15%
"The Covid-19 crisis represents a once-in-a-generaton crisis for America's small businesses," the NBER researchers conclude, "especially those that specialize in face-to-face service."
Source: National Bureau of Economic Research, How Are Small Businesses Adjusting to Covid-19? Early Evidence from a Survey, Working Paper 26989
Wednesday, July 15, 2020
Back to School Jitters
An even larger 71 percent of parents think their family's health and wellbeing will be at moderate/large risk if they send their children to school in the fall, with the 43 percent plurality of parents calling the risk large. Do the calculation, and that's 31 million parents—or 1 in 8 voters—who are freaking out, not to mention millions more teachers and grandparents. This wave of worries should keep even the most callous school board member, school superintendent, mayor, governor, congressional representative, and senator up at night, concerned about their careers if not their constituents.
Coronavirus worries are not limited to parents. The 59 percent majority of the public is now very/extremely concerned about the coronavirus pandemic, according to the Axios/Ipsos poll. This figure is 11 percentage points higher than it was a month ago and approaching the 66 percent peak level of concern recorded in early April.
Source: Axios/Ipsos Coronavirus Index, Despite Seeing Great Risk, Americans Slow to Make Major Changes to Deal with Covid
Tuesday, July 14, 2020
What Are Men Thinking?
Overall 44 percent of Americans aged 18 or older say they always wear a mask when outside their home. Another 28 percent say they wear a mask very often, 11 percent sometimes, 4 percent rarely, and 14 percent never.
Percent who never wear a mask when outside their home
Men: 20%
Women: 8%
Republicans: 27%
Democrats: 1%
Midwest: 23%
South: 13%
West: 10%
Northeast: 8%
Not a college grad: 18%
College graduate: 4%
Aged 35 to 54: 16%
Aged 55-plus: 14%
Aged 18 to 34: 9%
Source: Gallup, Americans' Face Mask Usage Varies Greatly by Demographics