Consumer financial health is still recovering from the pandemic, but inflation is now adding renewed strain for non-prime Americans. Summary This report examines the general
It is unclear how much more the new middle class can be squeezed without a significant impact across the economy.
This study, co-authored by Elevate and SpringFour, found that the pandemic’s impact on American households was uneven, and that those who struggled require support beyond what traditional financial institutions provide.
America has come a long way since the start of the COVID-19 pandemic began in March of 2020. As America builds back from the crisis,
The past 16 months have been tumultuous for many Americans due, of course, to the COVID-19 pandemic. Everything seemed uncertain, especially when it came to
Each month the Non-Prime Tracker provides fascinating insights into how Americans, prime and non-prime alike, have fared throughout the pandemic. Every month gives a new
Summary It has long been understood by economists that economic downturns can affect demographic groups differently. The COVID recession has certainly adversely affected women more
Throughout the COVID-19 pandemic, the Center for the New Middle Class has been researching how both prime and non-prime Americans have handled the various financial
