» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 154 | Friday, August 08, 2014

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

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 50 50 2,500
MORTGAGES 52 52 3,150
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 143 143 5,606
BANKRUPTCIES 56 56 2,002
BUSINESS LICENSES 35 35 952
UTILITY CONNECTIONS 92 92 2,132
MARRIAGE LICENSES 22 22 486

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.