Despite inflation, U.S. consumers are 5% better off than in 2019—here’s why they don’t feel that way

Quick Summary:

Consumers perceive price rises and wage gains differently: Inflation is something bad that happens to us—but wage gains are something we earn.

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Article Details

Author / Journalist: Philipp Carlsson-Szlezak, Paul Swartz

Category: EconomyBusiness

Markets: United States

Topics: Politics Retail Economy Commentary The Biden administration Finance Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 17:42:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 22 words

Reading Time: 1 minutes read

Sentences: 57 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23217037

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 37 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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