The National Poverty Center at the University of Michigan’s Ford School of Public Policy conducted a panel study to better understand how the Great Recession that officially lasted from December 2007 through January 2009, and the collapse of stock and housing prices during this period have affected the well-being of workers and families. An additional goal is to understand how increased federal spending through the American Reinvestment and Recovery Act (ARRA) may have helped cushion the negative effects of these economic shocks. In this project, SRO field interviewers collected panel data to explore how the severe recession and the collapse of stock and housing prices are influencing the economic and non-economic well-being (e.g., health, mental health) of workers and families; assessing the extent to which social welfare programs and ARRA spending may have offset some of the negative effects of the economic crisis; and exploring how changes in exposure to economic hardship and use of social programs affect health and socio-economic disparities between African Americans and non-Hispanic whites. In the third and final wave of data collection, SRO administered a 68-minute survey to approximately 767 respondents (who participated in the wave 2 interview) of an expected sample size of 847 respondents from within the Wayne, Oakland, and Macomb tri-county area. Interviews were conducted both by phone and in person.