Discussion Paper

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

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).

https://doi.org/10.17016/2380-7172.1866

Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2016-12-01

Number: 2016-12-01