Workflow
Two-thirds of Americans have decreased spending due to economy, Wells Fargo Money Study finds
WFCWells Fargo(WFC) Businesswire·2024-02-27 14:00

SAN FRANCISCO--(BUSINESS WIRE)--When asked how Americans are faring financially, most admitted to having to make major adjustments due to the economy, according to the inaugural Wells Fargo Money Study. Two-thirds (67%) of Americans say that they’ve cut back on spending, and almost half (45%) say they’ve put some life plans on hold. A third (35%) have dipped into their savings or investments. And almost two thirds (62%) say that even though they are able to pay their bills, they have little left over for “e ...