In this article, we report the results of a survey of North American adults conducted between March 24 and 30, 2020 at the onset of the COVID-19 pandemic. Respondents completed the COVID-TIS and the 21-item Depression, Anxiety, and Stress Scale, indicated their level of COVID-infection concern for themselves and close others, and provided demographic information. The results indicated: during its early stage, the pandemic produced only moderate levels of material and psychological change; the pandemic produced mild to moderate levels of (...) psychological distress; respondents who lost their jobs as a result of the pandemic experienced more change and more psychological distress than those who did not, and younger respondents and less well-educated ones experienced more psychological distress than older respondents. Unexpectedly, respondents indicated that they were more concerned that friends and family members would become infected with COVID-19 than that they would be. We conclude by speculating that these results are driven less by the immediate changes brought about by the pandemic and more by uncertainty concerning its long-term economic and social impact. (shrink)