Wealth! Host Brad Smith breaks down three of the biggest economic themes impacting American consumers. First, ADP released new data revealing annual wage...
Next, a new report from ATTOM shows that major expenses on median-priced homes consumed 35% of the average national wage in the second quarter, the highest level since 2007.That figure marks a 5% increase from 2023 and 30% from 2019. Meat prices are especially high, and are up 11% year over year.Turning now to three stories impacting consumers First up Insight into Workers Pay a big takeaway from the AD P print this morning.
All together here, the consumer has been resilient, even if increasingly showing normalisation in certain areas. Former President Barack Obama has reportedly told allies that Joe Biden’s disastrous debate performance has made his bid to win back the White House even tougher than it had been previously.The Washington Post reports that Obama gave a harsher private assessment of Biden’s chances of re-election following the debate despite publicly trying to ease concerns by tweeting that “bad debates happen.
Zara Tindall has been left “shaken to the core” by her mother Princess Anne’s mystery encounter with a horse which left her with a brain injury that has resulted in amnesia, according to a report.OK! Magazine says that Zara, 43, has been left freaked out by the incident which saw Anne, 73, also known as The Princess Royal, struck by a horse while she was out walking, alone, on Sunday, June 23, at her home, Gatcombe Park, in the Cotswolds.
American Farm Bureau Federation Economic Themes Wage Increases
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