Return to spender

Analysis of the early impacts of the coronavirus crisis on living standards (including our own) has focused largely on the labour market shock, with a range of new survey evidence suggesting that lower earners have been the hardest hit. But to understand how this crisis is affecting families’ living standards in the round, we need to broaden our assessment to look at incomes and consumption. Based on the Resolution Foundation’s new coronavirus survey of 6,000 working-age adults, this briefing note provides that assessment, with a focus on how outcomes have differed across the working-age income  distribution.