Federal Reserve Bank of Minneapolis Partners with the Data Foundation on COVID Impact Survey
WASHINGTON, D.C.– The Data Foundation is pleased to announce a partnership with the Federal Reserve Bank of Minneapolis for the COVID Impact Survey. The COVID Impact Survey is a government and philanthropic effort to provide national and regional statistics about physical health, mental health, economic security, and social dynamics in the United States during the COVID epidemic.
The COVID-19 Impact Survey, launched by the Data Foundation on April 9, 2020, was rapidly developed to capture the emerging impacts of COVID-19 across America and to provide decision-makers with clear information about the prevalence of coronavirus.
“Policymakers need real-time data on the widespread impacts of the coronavirus,” said Neel Kashkari, President of the Federal Reserve Bank of Minneapolis. “The COVID Impact survey has the potential to give us critical information on both public health and economic developments that could lead to more informed policy decisions and ultimately better outcomes for the American people.”
The COVID Impact Study was inspired in part by a proposal from Abigail Wozniak, Director of the Opportunity & Inclusive Growth Institute at the Minneapolis Federal Reserve Bank.
“The Data Foundation welcomes the partnership with the Federal Reserve Bank of Minneapolis,” said Nick Hart, President of the Data Foundation. “The COVID Impact Survey was designed to fill an information void. The COVID Impact Survey will help policymakers across America, like those at the Federal Reserve Bank of Minneapolis, by providing timely, reliable, and accurate data to understand the impacts of the pandemic.”
The first week of results will provide national level estimates as well as sub-national estimates for 18 jurisdictions. The first round of data collection will be released in the last week of April. Additional details about the project and opportunities for contributing are available at www.covid-impact.org.
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About the COVID Impact Survey Project: The COVID-19 Household Impact Survey is a philanthropic effort to provide national and regional statistics about health, the economy, and social dynamics in the United States. The COVID Impact Survey aims to fill an information gap that currently exists in the United States, supported by philanthropy in the absence of a current analogous government survey. COVID-impact.org
About the Data Foundation: The Data Foundation is a 501(c)(3) non-profit based in Washington, D.C. The organization focuses on studying and developing strategies to improve the federal government’s data infrastructure to support evidence-based policymaking and open data products. Supported by private sector, philanthropy, and government contract funding, the Data Foundation will provide administration and operational support for the project, including communications and coordination with key policymaking communities. Learn more at datafoundation.org
About Federal Reserve Bank of Minneapolis: The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government. Learn more at minneapolisfed.org
