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VOL. 129 | NO. 154 | Friday, August 08, 2014

Fed Survey: 25 Percent of Households 'Just Getting By'

AP

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WASHINGTON (AP) – A survey by the Federal Reserve shows that a quarter of U.S. households say they're "just getting by" financially.

The Fed issued the first-time report Thursday, describing it as a snapshot of how Americans perceive their financial and economic well-being. The survey of about 4,100 households was conducted from Sept. 17 through Oct. 4, 2013.

Thirteen percent said they were struggling to get by, and 34 percent reported they were somewhat worse off or much worse off than before the Great Recession hit in 2008.

Other findings: a third of those who had applied for credit in the previous 12 months said they were turned down or given less than they asked for, and 24 percent had some type of education debt.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 67 1,031
MORTGAGES 78 78 1,397
FORECLOSURE NOTICES 0 0 297
BUILDING PERMITS 172 172 2,162
BANKRUPTCIES 58 58 1,001
BUSINESS LICENSES 32 32 426
UTILITY CONNECTIONS 83 83 1,408
MARRIAGE LICENSES 16 16 210

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