Pandemic aid and excess savings: Net worth of bottom 50% of households and cumulative pandemic fiscal aid for bottom 50%
| Net worth | Pandemic transfers | |
|---|---|---|
| 2019Q1 | 74.325 | 0 |
| 2019Q2 | 84.232325 | 0 |
| 2019Q3 | 222.607325 | 0 |
| 2019Q4 | 334.615325 | 0 |
| 2020Q1 | 263.466325 | 0 |
| 2020Q2 | 360.232325 | 1253.175 |
| 2020Q3 | 446.193325 | 1791.515 |
| 2020Q4 | 643.999325 | 2011.955 |
| 2021Q1 | 830.146325 | 3414.4 |
| 2021Q2 | 1318.923325 | 3947.02 |
| 2021Q3 | 1778.824325 | 4189.515 |
| 2021Q4 | 2069.235325 | 4244.625 |
| 2022Q1 | 2268.879325 | 4275.535 |
| 2022Q2 | 2766.686325 | 4287.03 |
Sources: Net worth data from the Federal Reserve’s distributional financial accounts. Data on pandemic fiscal aid from the Bureau of Economic Analysis (BEA) special release on the effect of pandemic relief on personal income. Distribution of this aid taken from the Tax Policy Center (TPC) analysis of pandemic aid packages.