Focus on Consumer Spending

This Page One Economics essay describes several changes in consumer spending related to the COVID-19-induced recession.

Focus on the Fed’s Response

This Page One Economics essay describes the use of monetary policy to support the flow of credit to households and businesses.

Storytelling with Data and FRED Interactive Modules

The COVID-19 Recession: Learn how to use FRED® to visualize the impact of the COVID-19-induced recession on gross domestic product. The FRED Interactive modules can be embedded in your learning management system.

Quiz Yourself on the COVID-19-induced Recession

The FRED graph above shows the value of quarterly real gross domestic product during and after the five most recent economic recessions: 1981-1982, 1990-1991, 2001, 2007-2009, and 2020.

Q1. Which recession was the deepest?

Q2. Which recession was the shallowest?

The FRED graph above shows the growth of stock share prices (blue line) and home prices (red line) between January 2020 and October 2021.

Q1. Which prices decreased during the COVID-19-induced recession?

Q2. Which prices experienced the largest growth between January 2020 and October 2021?

The FRED graph above shows the unemployment rate for men (blue line), for women (red line), and for both genders (black line) between July 2007 and January 2022.

Q1. During the Great Recession in 2007-2009, did men or women make up the majority of those who became unemployed?

Q2. During the COVID-19-induced recession in 2020, did men or women make up the majority of those who became unemployed ?

You can share these graphs with your students using this dashboard. To customize this dashboard, just click the “Save to My Account” button at the top of the dashboard.