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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 This material may not be published, broadcast, rewritten or redistributed.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 65 65 1,775
MORTGAGES 97 97 2,225
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 238 238 3,643
BANKRUPTCIES 65 65 1,551
BUSINESS LICENSES 20 20 637
UTILITY CONNECTIONS 121 121 2,076
MARRIAGE LICENSES 22 22 277

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