Holiday Spending and Financing Decisions in the 2015 Survey of Household Economics and Decisionmaking

Posted: 9 Jul 2021

See all articles by Jeff Larrimore

Jeff Larrimore

Board of Governors of the Federal Reserve System

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Date Written: December, 2016

Abstract

One of the recurring themes in the Federal Reserve Board's Survey of Household Economics and Decisionmaking (SHED) is a lack of savings capacity for many individuals. This was manifested in the 2015 survey by the nearly half of respondents who would borrow or sell something to cover a $400 emergency expense (Federal Reserve Board, 2016).

Suggested Citation

Larrimore, Jeff, Holiday Spending and Financing Decisions in the 2015 Survey of Household Economics and Decisionmaking (December, 2016). FEDS Notes No. 2016-12-01, Available at SSRN: https://ssrn.com/abstract=3877846 or http://dx.doi.org/10.17016/2380-7172.1866

Jeff Larrimore (Contact Author)

Board of Governors of the Federal Reserve System ( email )

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