Institute for Social Research (ISR) - University of Michigan

@umisr.bsky.social

Institute for Social Research (ISR) — a global leader in social science. Exploring politics, health, inequality, and more at the University of Michigan.

As prices outpace wage growth, many Americans are losing purchasing power. Joanne Hsu, director of U-M’s Surveys of Consumers, explains how households are spending more cautiously while wealthier consumers may be adjusting far less. Read more: myumi.ch/rwAeb

U.S. consumers' real earnings have been falling

The rise in oil prices and other commodities is helping to drive inflation up, with price increases outpacing wage gains.

myumi.ch