WSJ.COM
SubscribeSign In
Search
SubscribeSign In
Search

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com.

https://www.wsj.com/articles/inflation-hit-americans-finances-last-year-fed-finds-b96854e5

Inflation Hit Americans’ Finances Last Year, Fed Finds

Share of adults who reported being worse off financially is highest since 2014, annual survey says

By
Gwynn Guilford

Americans reported a sharp decline in their financial well-being last fall as high inflation eroded earnings and savings, according to a Federal Reserve survey released Monday.

The survey, conducted in October 2022, found that rising prices left more families in an economically precarious place, though households continued to benefit from a strong labor market.

The...

Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.