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American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
Published: Sunday, May 28th, 2023 @ 12:32 am
By: Daily Wire
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Pension plans for state government retirees are strained
Published: Wednesday, April 19th, 2023 @ 12:32 am
By: John Locke Foundation
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American household debt rose $320 billion in 2022, marking one of the highest increases over the past two decades and reaching the highest level since the 2008 financial crisis.
Published: Tuesday, February 28th, 2023 @ 8:36 am
By: Daily Wire
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The Consumer Price Index (CPI) rose 0.5% in January after falling 0.1% in December, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 6.4%.
Published: Sunday, February 26th, 2023 @ 9:26 am
By: John Locke Foundation
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The Consumer Price Index (CPI) fell 0.1% in December after increasing 0.1% in November, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 6.5%. Core inflation, which excludes volatile energy and food prices, rose 5.7% on an annual basis.
Published: Saturday, January 21st, 2023 @ 12:50 pm
By: John Locke Foundation
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Edgecombe County had the highest overall October unemployment rate at 7.5%
Published: Monday, December 26th, 2022 @ 1:16 pm
By: Carolina Journal
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Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
Published: Monday, December 19th, 2022 @ 6:33 pm
By: John Locke Foundation
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Total household wealth in the United States fell $6.1 trillion dollars in the second quarter of 2022, according to data released on Friday by the Federal Reserve.
Published: Thursday, September 29th, 2022 @ 12:22 pm
By: Daily Wire
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Over-reliance on credit cards and a lack of self-control can be devastating during periods of economic turmoil, personal finance guru Dave Ramsey explained in a Friday interview with Fox Business.
Published: Monday, August 22nd, 2022 @ 2:26 pm
By: Daily Wire
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This week, Courtney Lindeen presented her husband Aaron with a bold and innovative plan to solve the family's consumer debt burden.
Published: Friday, August 12th, 2022 @ 4:47 pm
By: Babylon Bee
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Inflation is more than just an expensive trip to the grocery store or gas pump
Published: Sunday, July 24th, 2022 @ 7:24 pm
By: John Locke Foundation
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As inflation continues to steam ahead, more consumers are turning to debt to stay afloat. Whether this is out of necessity or fiscal missteps, the fact remains: dollars are not going as far.
Published: Wednesday, July 13th, 2022 @ 11:46 am
By: John Locke Foundation
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The ruling class thought they could shut down large swaths of the economy during Covid, and paper over any negative effects by flooding the economy with newly-printed money. But all they did was delay the inevitable economic carnage.
Published: Friday, July 8th, 2022 @ 8:15 am
By: John Locke Foundation
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Since the onset of the Great Recession in 2007, many American households and businesses have substantially reduced their indebtedness. That was a rational decision. A key cause of the boom that led to the bust was excessive leverage, itself a product of the Federal Reserve Board's easy-money..
Published: Tuesday, January 28th, 2014 @ 1:59 pm
By: John Locke Foundation
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