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National change shortage, an unforeseen result of the pandemic

Toilet paper is back, but coins are no where to be found
Posted at 11:14 PM, Jul 07, 2020
and last updated 2020-07-08 06:20:43-04

(WXYZ) — One of the pandemic's unforeseen consequences is a national shortage of change.

As the economy slowed and people become more conscious of sanitation, cash transaction also slowed. And right now businesses are struggling to deal with the lack of loose change.

Imagine there are two schools of thought on this for consumers:

1. Great! I can get rid of all of this loose change at home and help businesses out.

or...

2. There's a shortage! Time to hold on to all of this!

Or maybe you're just going cashless these days and it doesn't matter, but it does to some businesses.

Additional Coronavirus information and resources:

Click here for a page with resources including a COVID-19 overview from the CDC, details on cases in Michigan, a timeline of Governor Gretchen Whitmer's orders since the outbreak, coronavirus' impact on Southeast Michigan, and links to more information from the Michigan Department of Health and Human Services, the CDC and the WHO.

View a global coronavirus tracker with data from Johns Hopkins University.

See complete coverage on our Coronavirus Continuing Coverage page.

Visit our The Rebound Detroit, a place where we are working to help people impacted financially from the coronavirus. We have all the information on everything available to help you through this crisis and how to access it.