BURTON, Mich. (AP) — Crystal and Chris Martin put off some payments on their home in this blue-collar town near Flint and are pinching pennies to make ends meet until they return to work. In Windsor, Connecticut, Anne Druce’s family canceled home improvement projects out of an abundance of caution but remains financially secure.
As the coronavirus pandemic drags on, a new poll finds it is having different effects on Americans’ economic well-being. For some, the virus has meant lost income or struggles to pay bills on time — particularly among Hispanic, Black and younger Americans. Others, most notably college-educated and older Americans, have transitioned to working from home or have experienced the nation’s economic decline through a dip in the value of their investments.
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