A survey conducted in July 2022 in the United States, found that consumers with lower incomes were more likely to report worsening financial conditions. 62.7 percent of respondents earning less than 50,000 U.S. dollars per year reported that their financial conditions had worsened over the last 12 months.
Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by income level
Annual income in U.S. dollars
Expects financial situation to worsen over next 12 months
Financial situation worsened over last 12 months
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PYMNTS. (July 28, 2022). Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by income level [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1351247/consumers-worsening-financial-conditions-us-income/
PYMNTS. "Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by income level." Chart. July 28, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1351247/consumers-worsening-financial-conditions-us-income/
PYMNTS. (2022). Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by income level. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1351247/consumers-worsening-financial-conditions-us-income/
PYMNTS. "Share of Consumers Who Believe Their Financial Situations Have Worsened or Will Worsen in The United States in 2022, by Income Level." Statista, Statista Inc., 28 Jul 2022, https://www.statista.com/statistics/1351247/consumers-worsening-financial-conditions-us-income/
PYMNTS, Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by income level Statista, https://www.statista.com/statistics/1351247/consumers-worsening-financial-conditions-us-income/ (last visited August 25, 2024)
Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by income level [Graph], PYMNTS, July 28, 2022. [Online]. Available: https://www.statista.com/statistics/1351247/consumers-worsening-financial-conditions-us-income/