02/28/2025
Have you felt like your finances aren’t aligned with how the media reports inflation is impacting the economy?
That’s because it factors in items like computers and dishwashers that don’t reflect everyday costs of necessities.
Our Household Budget Index™ (HBI™) data keeps a pulse on middle-income Americans’ purchasing power around basic household necessities, which decreased 0.6% in January from December 2024 due to rising auto insurance, gas, and utility costs.