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  1. The US economy is experiencing widening socioeconomic gaps driven by wealth concentration among top earners, unequal access to home equity, and disparities between necessary and luxury spending.

New Research Highlights Widespread Affordability Crisis in U.S.

2 reports, 2 independent Updated Oct 13
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New research examining census data found that 70 percent of Americans struggle with multiple affordability issues, including housing, food, health care, and childcare, according to the Georgetown Law Center on Poverty and Inequality's Family Economic Well-Being Index. The Brookings Institution noted that affordability challenges have been growing for over a decade, starting around 2014.

From northdallasgazette.com

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The findings indicate that financial stress is not limited to poverty but extends into the middle class. Furthermore, the Brookings Institution found that between 2014 and 2024, Black and Latino or Hispanic households had the lowest rates of making ends meet among demographic groups.

The U.S. economy is currently experiencing widening socioeconomic gaps driven by wealth concentration among top earners, unequal access to home equity, and disparities between necessary and luxury spending.

From northdallasgazette.com

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The US economy is experiencing widening socioeconomic gaps driven by wealth concentration among top earners, unequal access to home equity, and disparities between necessary and luxury spending.

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