Wall Street

Record Number Of Americans Reported They Were Financially OK Before Inflation

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Knewz

By Alex Lang New York (Knewz) — The number of Americans who said they are financially OK has reached a record level. However, financial officials said the survey was taken before massive financial changes across the country. The Federal Reserve recently released the finding of its “Economic Well-Being of U.S. Households in 2021” report. The study was done in October and November 2021, which was before the massive increase of cases due to Omicron and before significant inflation impacted every citizen. About 78 percent of adults reported they were doing financially OK or living comfortably, the…

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