84% of adults cite inflation as their top concern, with interest rates and housing prices rising, according to TransUnion's report.

84% of adults cite inflation as their top concern, with concerns about interest rates and housing prices also rising, according to TransUnion's report. Despite a strong labor market and wage increases, consumer sentiment remains negative. The "vibecession" phenomenon highlights the disconnect between the economy's strength and households' perceptions of their financial standing. High inflation and interest rates make it challenging for many to make ends meet, with working-class Americans particularly affected.

June 25, 2024
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