NerdWallet Launches Consumer Financial Resilience Index as Recession Fears Rise
NerdWallet launched its inaugural Financial Resilience Index (FRI), scoring U.S. household financial preparedness at 60.4 out of 100. The index, based on a Harris Poll survey of 2,072 adults, reveals that 66% of Americans expect a recession within 12 months, while 37% plan to rely on credit for expenses this month.
Key figures
- Fri score
- 60.4
- Survey sample size
- 2072
- Pct cash reserve 1k
- 63%
- Pct credit reliance
- 37%
- Pct financial control
- 74%
- Pct recession expectation
- 66%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.