✉news BusinessPersonal Finance first seen 11 h ago, last 1 h ago, peak #4
More than half of US consumers run out of money before month's end
Original: More than half of US consumers now routinely end the month short of funds
A new report finds that more than half of US consumers now routinely end the month short of funds, running out of money before their next paycheck arrives. The finding points to persistent strain on household budgets, with rising prices for essentials like rent, food and utilities leaving little room for savings. Commentators see it as a sign that many Americans are living paycheck to paycheck despite an otherwise solid labor market.
Why now: The finding highlights worsening household financial strain at a time when cost-of-living concerns remain high.
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Evidence
- More than half of US consumers now routinely end the month short of funds · News Channel 3-12
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