{"id":84323,"date":"2023-05-22T18:52:00","date_gmt":"2023-05-22T14:52:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84323"},"modified":"2023-05-22T20:56:44","modified_gmt":"2023-05-22T16:56:44","slug":"what-can-mondays-well-being-report-tell-about-us-economy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/what-can-mondays-well-being-report-tell-about-us-economy\/05\/22\/market-updates\/","title":{"rendered":"What can Monday\u2019s well-being report tell about US economy?"},"content":{"rendered":"\n

According to the findings of the US Federal Reserve’s annual survey entitled “Survey of Household Economics and Decision making,” households reported a decline in financial well-being. The US Dollar Index clings to small daily gains slightly above 103.20 after this report.

Key Quotes
<\/strong>
“Report shows higher prices have negatively affected most households.”

“One third of households cited inflation as their main financial challenge.”

“73% of respondents say they were doing ‘at least okay financially’ in 2022 vs 78% in 2021.”

“Share of those saying they were worse off rose to 35%, the highest since the question was first asked in 2014.”

“More workers received and asked for a pay increase or promotion in 2022 vs 2021.”

“63% of respondents said they would cover a $400 emergency expense with cash, down from record-high 68% in 2021.”

“Responses to survey questions suggest there has been some erosion in household financial buffers.”<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the findings of the US Federal Reserve’s annual survey entitled “Survey of Household Economics and Decision making,” households reported a decline in financial well-being. The US Dollar Index clings to small daily gains slightly above 103.20 after this report.Key Quotes“Report shows higher prices have negatively affected most households.”“One third of households cited inflation …<\/p>\n","protected":false},"author":13,"featured_media":82387,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[10336,6858],"class_list":["post-84323","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-financial-well-being","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84323"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84323\/revisions"}],"predecessor-version":[{"id":84329,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84323\/revisions\/84329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/82387"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}