Americans are spending money faster than they can earn it, and it may be keeping the economy afloat but at a cost. The latest Personal Consumption Expenditure Price Index shows that inflation is up nearly 4% compared to a year ago. More: https://tinyurl.com/3nrc8ezc #inflation #economy #consumers
Despite inflation, Americans are spending money faster than they can earn it, but it may be keeping the economy afloat. Personal savings are down, almost half of what they were a year ago, meaning people are tapping into them more to buy the things they need. NewsNation’s Alicia Nieves joins “Morning in America” with the latest. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
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