Recession already here for many Americans
While the stock market may be monitoring the possibility of an official economic recession, many Americans are already experiencing financial strain due to higher prices and borrowing expenses compared to a year ago.
A Morning Consult poll released last month revealed that nearly half of the respondents believed that the country was already in a recession, The Hill reported.
The poll also uncovered that approximately 41% of those surveyed had taken measures to bolster their savings, but there were discrepancies based on income.
"Recession already here for many Americans, as buying power, credit, social net shrinks"
READ MORE: https://thehill.com/homenews/3951579-...
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