How Did Household Income Change From 2021 To 2022?

Inflation ramped up in 2021, increasing the cost of routine expenses. On average, inflation was 4.7% for the year, and it only got worse in 2022, with an average of 8.0%. Was household income able to keep up, or did it fall short, leaving U.S. consumers with less cash in their pockets? To answer this … Continue reading How Did Household Income Change From 2021 To 2022?

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