Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Even wealthy Americans are struggling to make ends meet

About one in three Americans making six-figure salaries are worried about paying their bills, according to a new survey from the Federal Reserve Bank of Philadelphia.

The survey finds a notable increase over the past year of consumers making $100,000 a year or more who are concerned about making ends meet over the next 12 months.

A significant share of wealthier Americans are coping with financial pressure by cutting spending, including dialing back restaurant visits and entertainment.

The findings underscore how years of high inflation and elevated borrowing costs continue to squeeze consumers’ budgets — even for those at the higher end of the income spectrum.

Nearly a third (30.8%) of consumers making between $100,000 and $149,999 a year are concerned about making ends meet in the next six months, according to the Philly Fed survey, which was fielded from March 22 to April 6.

That’s up from 21.3% of Americans in that income bracket concerned about making ends meet a year earlier.

Similarly, 32.5% of those earning $150,000 or more indicated they are concerned about paying the bills, up from 21.7% a year earlier.

Those more affluent Americans are more concerned than the 23% of those making $70,000 to $99,999, according to the survey.

Among all consumers, about one in three (34.9%) said they are concerned about making ends meet, up from 28.7% a year earlier.

Younger Americans are more likely to be feeling the financial pressure than older.

Forty-one percent of those between 18 and 35 years old said they are concerned about making ends meet, compared with just 22% of those over 65.

There was also a notable increase in higher-earning consumers nervous about paying bills in the longer run.

For instance, 32.3% of those making $100,000 to $149,999 said they are concerned about making ends meet in the next seven to 12 months, up from 26.5% a year ago. There was an even bigger increase among those making at least $150,000, with 33% saying they are concerned, up from 19.8% a year ago.

The Philly Fed survey found a “large and significant” increase in the past year of people who are currently able to pay their bills but are concerned they won’t be able to in the next six months. That increased from 20.7% a year ago to 26.2%.

The mood wasn’t all gloomy, however.

A growing share of wealthier consumers expect higher incomes this year, including 40.8% of those making $150,000 a year or more, up from 20% a year ago. And consumers reported feeling more optimistic than they did a year ago.

Perhaps that helps explain why Americans continue to spend aggressively on travel.

The Transportation Security Administration screened a record 2.99 million people at airports on Sunday.

The agency is bracing for a record-setting summer of air travel, peaking over the Fourth of July holiday.

TSA expects to screen more than 32 million people from June 27 through July 8, 5.4% more than last year.

Still, to manage financial stress, 43.1% of consumers indicate they are cutting discretionary spending for things like entertainment and dining out. More than a third (37.1%) of those making more than $150,000 a year say they are doing the same.

Some consumers are even cutting spending on essentials like food or medical care, with 23.5% of all Americans saying they are doing that, compared with 17.1% of high-earners.

Other steps include taking an additional job (15.3% of higher earners), borrowing more (10.2%) and taking money out of retirement savings early (14.3%).

For more CNN news and newsletters create an account at CNN.com

Москва

Какие напитки нельзя пить в жару: ответ врачей

The Faculty of International Journalism and Mass Communications of the Eurasian International University conducts an additional set of applicants!

A school for African diplomats has opened in Moscow

He Almost Quit Being A Vet, But Found His Calling Helping Unhoused People - The Dodo

The Truth About Female Sexual Desire

Ria.city






Read also

Police begin manhunt for kidnappers of three persons in Anambra

Conor McGregor tells Michael Chandler fight ‘for sure’ happening in 2024 after speaking to Dana White

Watch live: Pennsylvania governor delivers remarks following Trump rally shooting

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

The Faculty of International Journalism and Mass Communications of the Eurasian International University conducts an additional set of applicants!

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

He Almost Quit Being A Vet, But Found His Calling Helping Unhoused People - The Dodo



Sports today


Новости тенниса
Даниил Медведев

«Самый сложный противник, с которым я встречался». Медведев – об Алькарасе



Спорт в России и мире
Москва

Сын бизнес-коуча Наталии Закхайм арестован



All sports news today





Sports in Russia today

Москва

В Каменске-Уральском проходят престижные национальные соревнования по мотокроссу


Новости России

Game News

Former Bungie lead counsel explains how the studio nailed one of Destiny 2's most infamous leakers


Russian.city


Москва

Молодая жена Евгения Петросяна отправилась с дочкой в круиз по Карелии


Губернаторы России
Бизнес

"Самая богатая ученица Кийосаки" арестована в Москве. Бизнес-коуча Закхайм обвиняют в мошенничестве


Будут ли магнитные бури сегодня, 12 июля 2024 года?

Shot: в Москве у мужчины разорвалось легкое из-за веселящего газа

Пытался защитить семью: личность погибшего при покушении на Трампа установили

Якутское собрание цирковых менеджеров, продюсеров, и профессиональных артистов - Театр и Концерт, Россия и Дети, Культура:


Моргенштерн* сделал громкое заявление на фоне слухов о беременности Дилары

Mia Boyka рассказала самый абсурдный слух о себе

Певица Диана Арбенина заявила, что чувствует себя беззащитной рядом с сыном

Дочь Джигана начала работать официанткой


«Я сторонник умной работы». Джокович рассказал, что способствует его долголетию в спорте

Российский теннисист Медведев рассказал о споре с судьей на Уимблдоне

Express: Медведеву дали предупреждение за ругань с судьей в полуфинале Уимблдона

«Самый сложный противник, с которым я встречался». Медведев – об Алькарасе



МСКОВСКИЕ СОТРУДНИКИ РОСГВАРДИИ ЗАДЕРЖАЛИ ПОДОЗРЕВАЕМОГО В НАНЕСЕНИИ ПОБОЕВ

Студия звукозаписи в Москве. Студия звукозаписи цена.

В Каменске-Уральском проходят престижные национальные соревнования по мотокроссу

Госкорпорация „Ростех“ поддержала кинофестиваль «В кругу семьи» в Ярославле


Петербург вошел в число лидеров по итогам ЕГЭ

В Дагестане избивают русских туристок за отказ знакомиться

«Энергия увеличивается»: Вильфанд оценил вероятность появления смерчей в Москве

На закрытии 97-го сезона Пермского Театра-Театра состоится шоу фонтанов под мелодии мюзиклов


Секретная служба США отреагировала на заявления об отказе усилить охрану Трампа

Молодая жена Евгения Петросяна отправилась с дочкой в круиз по Карелии

МВД: пожарившую сосиски на Вечном огне в Рузе девочку поставили на учет

В подмосковной Рузе 14-летнюю девочку задержали после барбекю на Вечном огне



Путин в России и мире






Персональные новости Russian.city
Тимати

У Тимати угнали дорогую машину



News Every Day

The Truth About Female Sexual Desire




Friends of Today24

Музыкальные новости

Персональные новости