🔫 August 8, 2023: End Of The American Dream > A whopping 69 percent of all U.S. consumers that live in urban areas are currently living paycheck to paycheck… - Inflation

 August 8, 2023 

by Michael

endoftheamericandream.com

Sixty-nine percent of consumers in urban areas live paycheck to paycheck, which is 25% more than their suburban counterparts, 55% of whom live paycheck to paycheck. Additionally, 63% of rural consumers reported living paycheck to paycheck. These regional concentrations of paycheck-to-paycheck consumers could be attributed to the high percentage of millennials living in urban areas (48%) as well as the large share of baby boomers and seniors — many of whom are retired and living on a fixed income — living in rural areas (32%).

After seeing all those numbers, is there anyone out there that still wishes to argue that the average U.S. consumer is in good shape?

The truth is that economic conditions are rough, and they are deteriorating a little bit more with each passing day.

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