January 19, 2022

Majority of Americans Plan to Spend Thanksgiving with People Outside Their Household

The vast majority of Americans plan to spend the Thanksgiving holiday with individuals outside of their immediate household, an Ipsos/Axios survey released Tuesday found. Overall, 67 percent of Americans plan to see people outside of their immediate household for Thanksgiving, regardless of the vaccination status of themselves or others, representing a shift from last year,…

Higher Gas Prices Cut Household Income by $120 Billion

Retail gasoline prices have risen by a dollar over the past 12 months as the economy began to reopen, increasing demand for fuel. Higher pump prices are now crimping consumer budgets and putting a brake on household spending on non-energy items, according to analysts. Prices at the pump as of Oct…

WINNING: U.S. Household Wealth Reaches Record High of $1.7 Trillion

Household wealth in America reached a record high of $1.7 trillion in the second quarter of 2017 due to rising property values and gains in financial assets, according to a Federal Reserve report released Thursday. The report showed that low inflation and a strong job market contributed to Americans’ improved purchasing power, which in turn, […]

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