Homes in the United States cost 7.5 years' worth of household income.It's worse than the peak of the 2006 housing bubble.That's before you consider 6.6% mortgage rates.The "middle class" will no longer be a category if this persists for much longer. ...

See the most recently available median household income figures for all 50 states plus Washington, D.C., and Puerto Rico, as well as the U.S. average. https://t.co/dZlEWN8esY ...

Consumer Spending Trends - Bank of America Institute data indicates a 2% increase in debit and credit card spending in June [1] - While consumer spending rebounded in June, it didn't fully offset earlier declines, suggesting a cooling trend [2] - Lower-income households are primarily driving the pullback in spending, while higher-income household spending accelerated by 1.2% [5] - Discretionary travel spending is declining, but restaurant spending shows a dichotomy, with fewer households dining out but spending more per transaction [6][7] Income and Wage Growth - Higher-income households experienced accelerated after-tax wage growth, nearing 3%, for the third consecutive month [9] - Lower-income households saw decelerated after-tax wage growth, increasing by 1.6% compared to 1.8% previously [10] Credit Card Usage - Younger generations entering a challenging labor market are a focal point regarding credit card usage [11]

American households that make about $250,000 or more are typically considered to be in the top 10% of earners. But these families don’t feel rich. https://t.co/4WDflc52Jn ...

American households that make about $250,000 or more are typically considered to be in the top 10% of earners. But these families don’t feel rich. https://t.co/iRtvFHmxwr ...

American households that make about $250,000 or more are typically considered to be in the top 10% of earners. But these families don’t feel rich. https://t.co/yszDB1AVIc https://t.co/Z3I498fGjk ...