Gen X is feeling the negative effects of inflation more than any other generation [Business Insider]
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TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: Business Insider
More than half of Gen Xers said their income wasn't matching the pace of rising prices. With the Federal Reserve Bank holding interest rates steady, inflation worries continue to rise. And no group is feeling the pinch more than Generation X Sixty-four percent of Gen Xers have cut back on discretionary spending like dining out and travel in the last three months, the highest percentage of any generation, according to TransUnion's consumer pulse study published on June 12. TransUnion surveyed 3,000 adults between April 29 and May 8 in partnership with third-party research firm Dynata. Overall, 84% of respondents cited inflation for everyday goods like groceries and gas as a top concern, a 5% increase from the same period in the previous year. Interest rate worries also climbed to 46%, up from 41% a year ago. This inflation concern has many Americans believing that their paychecks are not keeping up with their costs of living. Gen X — who were born between 1965 and 1980 — is st
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TRU
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- 4/25/24 - Beat
TRU
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- 6/17/24 - Form 4
- 6/14/24 - Form 144
- 6/4/24 - Form 4
- TRU's page on the SEC website