Primerica: Middle-Income Purchasing Power Falls in September as Energy Costs Rise
Bitget2026/10/29 04:00- Primerica's Household Budget Index fell 0.6% in September to 100%, signaling weaker purchasing power for middle-income Americans.
- Purchasing power declined 0.4% from a year earlier, primarily driven by sharply higher gasoline and home heating fuel costs.
- Necessity costs rose 4.5% year over year, outpacing the 3.7% increase in the Consumer Price Index.
- Average earned income increased 0.2% month over month, with annual growth of 3.3% lagging necessity inflation.
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