How COVID may affect the economic psyche of Americans post pandemic

More from this show

Working from home

“I think work from home preferences have changed. As a result, preferences of life in suburban residential housing versus urban living have changed,” said Dennis Hoffman, W. P. Carey School of Business at Arizona State University.

Businesses are noting the benefits of working from home where employees can still be “very productive,” said Hoffman. “Businesses have figured out they can manage people from home, so they are not concerned about [the] loss of productivity,” Hoffman said.

A negative impact

Hoffman says it’s the fear of the pandemic that prevents people from going out to restaurants, movies, or sports events.

“This virus, government action or no government action, has left a really negative imprint on the minds of many and it manifests itself in fear and its progress against the virus that’s going to alleviate the fear and reduce the fear among us,” Hoffman said.

Check out more at azpbs.org

Dennis Hoffman/Director, L. William Seidman Research Institute at the W. P. Carey School of Business at Arizona State University

A graphic reading: Protect my public media

Protect My Public Media: Add your voice today

Guests on 'Horizonte'
aired May 17

Understanding Latino wage theft and its impact on ‘Horizonte’

A television with logos from Arizona PBS and Amazon Prime on the screen

Arizona PBS is now free to stream for Prime Video viewers in the U.S.

Book cover for We All Live Here with author Jojo Moyes
May 28

Join us for PBS Books Readers Club!

Subscribe to Arizona PBS Newsletters

STAY in touch
with azpbs.org!

Subscribe to Arizona PBS Newsletters: