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STUDY: More American households are living paycheck to paycheck

October 28, 2024 -

In a report this month, the bank analyzed internal data to estimate the percentage of households that spent most of their income on necessities, which include expenses like housing and food. (Related: REPORT: About 70% of counties in battleground states now depend on government aid programs.)

Bank of America defines PTP as "households where necessity spending is more than 95 percent of their household income, leaving them relatively little left over for 'nice to have' ...

Inflation comes roaring back as Bidenomics harms American households

March 05, 2024 -

Bloomberg Economics reported that the core personal consumption expenditures (PCE) price index, which excludes food and energy costs, has been seen rising by 0.4 percent from a month earlier, marking a second straight monthly acceleration in a gauge that has largely been receding over the past two years. When the three- or six-month data is annualized, both would rebound above two percent after dipping below the Fed's target in December 2023.

According to the Fed, they ...

American consumers are spending less as worsening inflation continues to batter households

June 27, 2024 -

According to new data provided by the Commerce Department, retail sales in May rose only 0.1 percent, falling short of Dow Jones' expectations of a 0.3 percent rise. April's figure was revised to show a -0.2 percent decline in retail sales. The sales number was worse when excluding autos, with a decline of 0.1 percent against the estimate for a 0.2 percent increase. (Related: Inflation comes roaring back as Bidenomics harms American households.)

Fluctuating gas ...

High prices of Florida orange juice squeezing the budgets of American households

February 15, 2023 -

According to the Guardian, orange juice futures have almost doubled to $2.60 per pound over the last year. A year prior, it was only $1.40.

The increase in orange futures also reverberated in the prices of orange juice in groceries. Back in January, orange juice not from concentrate (NFC) hit $10 a gallon. Orange juice from concentrate (FC) hit $6.27 per gallon during the same month.

According to a LiveStrong.com article from October 2019, NFC orange juice undergoes ...

45% of American households experiencing financial hardship thanks to Biden era inflation

December 06, 2021 -

This is according to a new Gallup poll that was carried out in November. Respondents were asked whether recent price increases had led to financial hardship for their household; if so, they were asked whether that hardship was severe (defined as affecting their ability to maintain their current standard of living) or moderate (affecting them somewhat but not jeopardizing their current standard of living).

In the poll, not surprisingly, it was lower-income households ...

Trump economy in free-fall, with American households now facing record $18.59 trillion in debt

November 06, 2025 -

A mountain of debt with no peak in sight

The numbers themselves are so vast they become almost abstract, but their impact is felt in every grocery store line and at every gas pump. The $18.59 trillion debt load is a heavy chain around the neck of the American populace, a figure so colossal it defies genuine comprehension. To put it in perspective, this debt is split between a colossal $13.5 trillion in housing debt and another $5.1 trillion in non-housing ...

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Forty-seven percent of US households live paycheck to paycheck as families struggle to save money in poor economy

65% of American children are now dependent on government welfare

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New research suggests ONE THIRD of American households are food insecure, with limited access to healthy food

January 30, 2018 -

Researchers from The Ohio State University reached this unsettling finding after looking at more than 650 households in a racially and economically diverse city corridor of Columbus, Ohio. Their survey aimed to find out more about the participants’ access to food, and they were particularly interested in how much healthy food they could obtain. They chose households that could be considered representative in terms of household income, age, gender, and race.

More than ...

82% of households are now purchasing organic items

April 01, 2017 -

According to a Nielsen survey, the vast majority of American households – 82.3 percent, to be exact – had organic items in their refrigerators and pantries in 2016. This marks a 3.4 percent rise over 2015’s figures.

They reached their conclusions after studying 100,000 households in every state except Hawaii and Alaska. The biggest jump was seen in North Dakota, where 14.2 percent more households are buying organic than a year ago, while Rhode Island noted a rise ...

Hunger affects one in seven households in the United States

January 30, 2011 - Hunger affects one in seven households in the United States

Sunday, January 30, 2011 by: David Gutierrez, staff writerTags: food security, hunger, health news

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These personal financial emergencies will wipe out most households – Part II

April 14, 2017 -

Some of those potential economic emergencies include loss of job/employment, an unexpected car repair, major health crisis, sudden home repair, emergency trips to console family and friends, and an unanticipated large tax bill.

According to recent studies, the vast majority of Americans don’t even have $500 to $1,000 in savings in order to cover these unforeseen emergencies which, frankly, are ordinary occurrences in life. Living paycheck to paycheck is just a reality ...

New sustainable agriculture development in Detroit feeds 2,000 households for free

December 27, 2016 -

As reported by Crainsdetroit.com, since 2011, when this all volunteer organization was started, 8000 volunteers have put in a total of 80,000 hours on their urban organic farm and produced over 50,000 pounds of free produce to "neighborhood residences, area churches and food pantries."  Trueactivist.com reports that plans are also in the works to build  "3,200 square foot Community Resource Center," which will serve as volunteer headquarters and a place to teach interested ...

New sustainable agriculture development in Detroit feeds 2,000 households for free

December 27, 2016 -

As reported by Crainsdetroit.com, since 2011, when this all volunteer organization was started, 8000 volunteers have put in a total of 80,000 hours on their urban organic farm and produced over 50,000 pounds of free produce to "neighborhood residences, area churches and food pantries."  Trueactivist.com reports that plans are also in the works to build  "3,200 square foot Community Resource Center," which will serve as volunteer headquarters and a place to teach interested ...

New sustainable agriculture development in Detroit feeds 2,000 households for free

December 27, 2016 -

As reported by Crainsdetroit.com, since 2011, when this all volunteer organization was started, 8000 volunteers have put in a total of 80,000 hours on their urban organic farm and produced over 50,000 pounds of free produce to "neighborhood residences, area churches and food pantries."  Trueactivist.com reports that plans are also in the works to build  "3,200 square foot Community Resource Center," which will serve as volunteer headquarters and a place to teach interested ...

As economy implodes and households seek cheaper food, McDonald's profits soar

January 25, 2012 - As economy implodes and households seek cheaper food, McDonald's profits soar

Wednesday, January 25, 2012 by: Ethan A. Huff, staff writerTags: McDonalds, cheap food, economy

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Polish households resort to burning TRASH to survive winter without Russian energy

October 19, 2022 -

Soaring prices of electricity and natural gas forced most of Poland's citizens to resort to coal and wood. But as demand increased and supply became scarce, prices of coal and wood also rose. This prompted the country's poor to turn to combustible garbage to heat their homes.

Poor households hit two birds with one stone with this option, as they are able resolve garbage disposal problems and save on heating costs. But the practice has its drawbacks as it contributes ...

Most U.S. households can’t survive even a small financial emergency – Part I

April 12, 2017 -

Here is just some of the data. As reported at Collapse.news, Americans’ household credit card debt has surpassed $1 trillion, the highest it has been since 2008 (the year Obama was elected).

“Credit card debt is rising quickly, but delinquencies are still really low. Many Americans are doing a good job of controlling their debts, but eventually with big debts and rising interest rates, it’s likely that something will have to give. I expect delinquencies to start rising ...

Middle class collapses in America as 35% of households face debt collectors

August 10, 2014 - Middle class collapses in America as 35% of households face debt collectors

Sunday, August 10, 2014 by: J. D. HeyesTags: middle class, debt collectors, economic collapse

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Walmart announces expansion of drone deliveries to 4 million households in 6 states

May 29, 2022 -

Walmart’s Senior Vice President of Innovation and Automation, David Guggina, said earlier experiences with their existing DroneUp hubs have shown how useful customers are finding the service. The program was launched with a single hub in November 2021.

In a blog post announcing the upcoming expansion, he described the nature of the orders they've been receiving: "More importantly, we’ve seen a positive response from our customers that have used the service. In fact, while ...

Real unemployment rate shock revealed as 20 percent of US households have NOBODY working

May 09, 2014 - Real unemployment rate shock revealed as 20 percent of US households have NOBODY working

Friday, May 09, 2014 by: Jonathan Benson, staff writerTags: unemployment, work force, government benefits

More people on government dole than working

More than 40 percent of working age Americans are not working

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