Inflation Bites as 13% of US Consumers Spent More Than They Earned in Last Six Months
The findings in PYMNTS latest edition of "New Reality Check: The Paycheck-To-Paycheck Report,"
a collaboration with LendingClub, which surveyed 3,583 U.S. consumers to gauge how inflation and volatile markets were impacting consumers, revealed that 13% of households had spent more than they earned in the past six months.