typical

Consumer pessimism at current levels last showed up during recessions like 2008 and the early 1980s. The gap between sentiment and economic data also looks like a typical pre-recession signal.

American consumers have NEVER been this pessimistic about the economy: The University of Michigan Consumer Sentiment Index fell to 49.8 in April, the lowest reading EVER in over 70 years of polling, with declines occurring across all income levels, ages, and political affiliations. This comes as gasoline prices posted the largest monthly jump in pump …

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Heavy rains flood UAE, leaving highways submerged and vehicles stranded in Dubai, surpassing typical annual rainfall.

Heavy rains pummeled the UAE on Tuesday, flooding out portions of major highways and leaving vehicles abandoned on roadways across Dubai, per the AP. Over 4.75" of rain had fallen by evening—the typical average rainfall for one year—with more expected in the coming hours. pic.twitter.com/oxa3j7Fnlk — Julia 🇺🇸 (@Jules31415) April 16, 2024 Dubai Airport right …

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Millennials and Gen Z prioritize groceries over other luxuries, as typical households need $445 more monthly.

Splurging once meant spending money on buzzy restaurants, expensive vacations, and designer clothing. These days, what’s considered splurge-worthy falls into a more humble category. Groceries are shaping up to be a top spending priority for younger generations, a February report from McKinsey & Company found. The firm asked over 4,000 people, from baby boomers to …

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Of course, typical blame-shifting. Can’t handle responsibility, so it’s Trump’s fault again.

Karine Jean-Pierre blames everyone and everything but the Biden administration for inflation. pic.twitter.com/p6r0GVgtwD — Julia 🇺🇸 (@Jules31415) March 16, 2024 The Biden administration just renewed a sanctions waiver that grants Iran access to $10 billion in previously escrowed funds. Naturally, John Kirby blamed Trump for Biden's decision. pic.twitter.com/hDEtH8KQFr — Julia 🇺🇸 (@Jules31415) March 16, 2024

In this brutal housing market, you’ll need to make $115K to buy the typical US home – 3 times more than standard American household income

via housingwire: In this brutal housing market, you’ll need to make $115K to buy the typical US home It is almost 3 times more than what the standard American household makes. The last two years of soaring mortgage rates and rising home prices have brought the fastest erosion in housing market affordability in modern history, …

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Simply Unaffordable! Homebuyers Must Earn $115,000 to Afford the Typical U.S. Home, UP 30% Under Biden (About $40,000 More Than the Typical American Household Earns) Mortgage Market Is Addicted To Gov!

by confoundedinterest17 Housing in the US is simply unaffordable! Under Bidenomics, home prices are up 30% while real weekly earnings growth has been negative for most of Biden’s Presidency. And mortgage rates are up 178% under Bidenomics. Sky-high mortgage rates and still-rising home prices have made it harder than ever to afford a home, especially for …

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The typical U.S homebuyer is feeling the pinch with a 20% surge in monthly payment from last year; Median house payment is up 79% since 2020.

by betsharks0 > In September 2022, adjustable-rate mortgages (ARMs) made up around 9% of all new home loan applications to lenders, according to the Mortgage Bankers Association (MBA) So are these people basically f***ed? The median house payment in the US is now at $2,605/month. This is up 19% compared to 2022 and the most expense median …

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