Economic Recession news and trends

October Inflation Report: A Third of US Consumers Now Struggle to Pay Bills
Consumer Finance // November 09, 2022

Inflation has begun to show signs of slowing month after month but remains at levels not seen since 1981. Half of consumers say inflation has soured their outlook on their economic future, and nearly a third say paying bills is getting more difficult. The impact...

Inflation Means Americans Now Spend $64B More on Essentials
Consumer Finance // October 14, 2022

The United States is entering month 18 of the inflation crisis — and the toll it is taking on consumers’ finances is high. Consumers across the country spent a collective $64 billion more on just the bare essentials in Q3 2021 than they did in...

New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
Consumer Finance // September 09, 2022

Consumers have to make tough choices about their spending. Just 4% of consumers say that their wages have kept pace with inflation, so it is safe to say most consumers are feeling the pinch — a reality that might explain their increasingly negative perceptions toward...

US Consumer Debt — Ten Years Later
Debt // August 18, 2017

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And if one is looking for places where that shift can be seen most acutely, it’s the consumer’s relationship to credit...

Interviews & Exclusives
Study Finds Consumer’s Perception of Inflation Worse Than What Government Reports

December 05, 2022
As inflation continues at rates not seen since the 1980s, consumers are growing increasingly anxious, especially because their perception of inflation is more extreme than what is reported by government sources. For example, consumers perceive gas prices as having increased 43%, while the BLS reports 26%. In this environment, it only makes sense that consumers are […]

Inflation Means Americans Now Spend $64B More on Essentials

October 14, 2022
The United States is entering month 18 of the inflation crisis — and the toll it is taking on consumers’ finances is high. Consumers across the country spent a collective...

US Consumer Debt — Ten Years Later

August 18, 2017
The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And if one is looking for...