Average Americans are feeling more anxious about money than ever before. After enduring one financial disruption after another, it’s hard to feel positive when you don’t know what’s around the corner. Experts called it “financial shock fatigue,” – a phenomenon that helps to explain why so many people are worried about their financial security right now. U.S. workers have seen their purchasing power sharply decline in recent years while the cost of everything has ballooned. Many of them are barely staying afloat at the end of each month.
Unfortunately, deteriorating economic conditions will only aggravate people’s problems in the months ahead. Several statistics are proof that average Americans are being pulverized by this economy, and today, we brought you the most important data you need to know about this matter. Without further ado, let’s check out this list!