Data reveals growing economic 'distress' in the US despite post-pandemic growth

Reported 6 months ago

Despite post-pandemic growth in the US economy, there is a notable rise in economic distress across America, with a disconnect between growth and people's uncertainty about the future. The Economic Innovation Group's data indicates that around 52 million Americans live in distressed areas, indicating a lack of full recovery from the pandemic's impact. The pandemic worsened wealth disparities, leading to population shifts from urban to suburban areas, exacerbating housing affordability issues and highlighting the need for middle-income housing.

Source: YAHOO

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