fbpx

Coronavirus Update: 71 Million Americans Say Family is Worse Off Financially than a Year Ago

Share to Linkedin Share to Twitter Share to Facebook Share to Print More
Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more.

How prepared is your state’s health care system in the event of a second wave of coronavirus cases? 

woman inside laboratory
Which states have the best primary care physician per capita ratio?

This week, our Benzinga data team discovered which states might be the best and worst equipped to handle future health crises like the ongoing coronavirus pandemic

We’ve cross-analyzed aggregate primary care physician per capita data to find the states best and worst fitted to handle a second outbreak, should one occur.

On a similar note, a lack of understanding about the coronavirus community spread continues to fuel uncertainty among American consumers. Our data team recently discovered 76% of American adults are actively practicing social distancing and wearing a mask when going to places like the grocery store.

Apprehension toward another coronavirus wave could be impacting consumer sentiment as well. 

Benzinga has released nationally sampled consumer sentiment survey data. Our study surveyed over 1,000 U.S. adults aged 18 or older about whether their families are overall better or worse off financially than a year ago. 

We’ve detailed some of the highlights from this week’s study below.

Key Findings from the Study

The following are the highlights from our nationwide analysis on states with the most and least doctors per capita in 2020.

Overall, we discovered Vermont has the most primary care doctors per capita in the U.S. with 1 primary care doctor per every 886 residents.

On the flip side, the state of Mississippi is home to the worst primary care physician-to-resident ratio in the U.S. For every 1,889 residents, there’s 1 primary care doctor. 

5 States with the Most Doctors per Capita in 2020

  • Vermont: 1 primary care doctor per every 886 residents
  • Maine: 1 primary care doctor per every 898 residents
  • Massachusetts: 1 primary care doctor per every 968 residents
  • Rhode Island: 1 primary care doctor per every 1,029 residents
  • Oregon: 1 primary care doctor per every 1,063 residents

5 States with the Least Doctors per Capita in 2020

  • Mississippi: 1 primary care doctor per every 1,889 residents
  • Nevada: 1 primary care doctor per every 1,768 residents
  • Utah: 1 primary care doctor per every 1,727 residents
  • Texas: 1 primary care doctor per every 1,642 residents
  • Oklahoma: 1 primary care doctor per every 1,616 residents

COVID-19 Restrictions 

Overall, do you think the economy is getting better or worse?39.8% said the economy is getting better.16.5% said the economy is about the same.29.9% said the economy is getting worse.13.8% said they are unsure.
Survey sample size: N=1,082

How do Americans perceive overall economic conditions? Our June 2020 economic climate survey asked American adults aged 18 or older if they feel the economy is getting better or worse 3 months into social distancing directives.

Our study found 40% of American adults saying the overall economy is improving as social distancing directives are eased across the country.

On the other hand, 30% of Americans told us they view the American economy in a state of decline. 

Trump Administration

Would you say that you and your family are…32.4% said better off financially than a year ago39.9% said about the same financially than a year ago27.7% said worse off financially than a year ago
Survey sample size: N=852

Our weekly survey found 28% of Americans told us their family is worse off financially than a year ago. This household financial data comes approximately 3 months from the start of social distancing directives being implemented in the U.S. and in the midst of 13.3% unemployment in June 2020.

Meanwhile, 2 in 5 Americans told us they’ve not yet been financially impacted by the coronavirus pandemic, stating their household financial situation remains unchanged from a year ago.

Survey Methodology 

This study was conducted by Benzinga between June 15 and 16 and included the responses of a diverse population of American adults 18 or older. The study reflects the results from over 1,000 American adults on their thoughts and views pertaining to the coronavirus pandemic. 

The United States population estimates base is courtesy of Census.gov. The doctors per capita data is courtesy of CountyHealthRankings.org.

Please contact henrykhederian@benzinga.com with questions or to schedule a phone or video interview with our team.