COVID-19 Monetary and health difficulties 51% of respondents said they experienced a lack of monetary confidence due to COVID-19. Millennials were the highest hit, and 6 in 10 reported a lack of monetary confidence in the coronavirus pandemic. 52% of millennials said they also had to postpone medical care because of the cost. Baby boomers were the least affected generation, with only 37% reporting COVID-19 monetary difficulties. Of the 3 generations, 3 out of 10 respondents said they had or knew someone who lost their fitness insurance due to the COVID-19 pandemic; nearly 40% of millennials were affected. And when sometimes asked about the U.S. fitness care system, 82 percent of respondents say it doesn’t work.
Boosting the U.S. economy Members of Generation X, Millennials and Baby Boomers have been urgently busy with this pay button: 72% say they do more online shopping during the coronavirus pandemic. 77% also say they made an effort to scale small businesses during the pandemic. However, the overall economic outlook is bleak: 47% do not believe that small businesses will recover from the COVID-19 pandemic, and some two-thirds will take at least two years to recover from the U.S. economy.
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