Fed Rate Hike Comes as More Than One in Four Americans Say They Don’t Feel in Control of Their Day-to-Day Finances, NerdWallet’s Financial Resilience Index Finds
NerdWallet published its September Financial Resilience Index, showing the score slipped to 61.5 from 63.1 in July, with the share of Americans feeling in control of day-to-day finances falling to 73%. Recession expectations dropped to 61% from 66% in May, but improved macro sentiment did not lift household confidence, a divergence Kimberly Palmer said suggests pressure from everyday living costs. The survey, run by The Harris Poll Sept. 8-10 among 2,060 U.S.
Key figures
- Sample size
- 2060
- Feel in control pct
- 73%
- Recession expectations pct
- 61%
- Financial resilience index score
- 61.5
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.