The financial stress level in 2022 is at a 14-year high.
As 2022 winds down, Bidenflation has increased Americans' financial stress to the highest level since 2008, the year of the financial meltdown.
The financial stress index in 2022 averaged 67.6 compared to the 2008 high of 68.4. The chart presented below shows the average stress index for each year.
Consumers turn gloomy as the holiday season begins.
Strongly unionized sectors have successfully secured wage hikes through strikes, contributing to ongoing inflation.
Thanks to Bidenomics, Americans can expect higher Thanksgiving meal costs this year.
Consumers turn gloomy as the holiday season begins.
The RealClearMarkets/TIPP Economic Optimism Index is the earliest take on consumer confidence each month and predicts with high reliability monthly changes in sentiment in well-known polls by The Conference Board and the University of Michigan. Began in February 2001, the Indices were developed by TIPP for its media partners
Competition between the two major powers.
High-interest rates are a major factor in slowing EV demand.
