{"id":786842,"date":"2023-09-28T14:01:30","date_gmt":"2023-09-28T18:01:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/"},"modified":"2023-09-28T14:01:30","modified_gmt":"2023-09-28T18:01:30","slug":"rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/","title":{"rendered":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households<\/b><\/p>\n<p class=\"bwalignc\">\nPrimerica\u2019s Household Budget Index sees slight decline<\/p>\n<p>DULUTH, Ga.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPrimerica, Inc. (NYSE: PRI), a leading provider of \ufb01nancial services in the United States and Canada, announced today the release of the Primerica Household Budget Index\u2122 (HBI\u2122), a monthly index illustrating the purchasing power of U.S. middle-income households with incomes between $30,000 and $130,000. In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230928660855\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230928660855\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg\" alt=\"Primerica Household Budget Index\u2122 - In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge. (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Primerica Household Budget Index\u2122 &#8211; In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge. (Graphic: Business Wire)<\/p>\n<\/div>\n<p>\n\u201cThe fragile financial condition of middle-income families experienced continued stress in August,\u201d said Glenn J. Williams, CEO of Primerica. \u201cBoth gas and food costs rose, impacting the increase in purchasing power occurring since last June. Even small changes in the costs of necessity items can put families in the position of having to take on more debt or not being able to save as much for the future.\u201d<\/p>\n<p>\n\u201cThe cumulative impacts of in\ufb02ation have been severe for middle-income households and go a long way to explaining why consumer sentiment is so low and credit card debt so high,\u201d said Amy Crews Cutts, Ph.D., CBE\u00ae, economic consultant to Primerica. \u201cAlthough worker compensation has been rising, it has not risen as fast as in\ufb02ation in the cost of everyday necessity items for which middle-income households have little room in their budgets to accommodate.\u201d<\/p>\n<p><b>HBI HISTORICAL BACKGROUND<\/b><\/p>\n<p>\nThe index baseline is set at January 2019 and can be thought of as when middle-income households set a budget based on their earned income at that time. Between 2014 and 2020, the HBI\u2122 results recorded steady gains in purchasing power for middle-income families, with a peak of 102.8% in November 2020. This means that relative to January 2019, households were in a stronger \ufb01nancial position to pay their monthly bills because wage growth outpaced the cost of everyday goods. Increasing in\ufb02ation then caused the index to plummet. In June 2022, it reached a post-pandemic low of 85.4%.<\/p>\n<p>\nSince the baseline of January 2019, the average middle-income household has cumulatively spent around $2,677 more than budget on basic necessities. In line with this, if the pandemic and ensuing in\ufb02ation would not have been a factor, the HBI\u2122 today would be closer to 110%.<\/p>\n<p>\nFor more information on the Primerica Household Budget Index, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.householdbudgetindex.com%2F&amp;esheet=53565506&amp;newsitemid=20230928660855&amp;lan=en-US&amp;anchor=www.householdbudgetindex.com.&amp;index=1&amp;md5=37689c6f8be416e972b600bb85d386b7\">www.householdbudgetindex.com.<\/a><\/p>\n<p><b>About the Primerica Household Budget Index\u2122 (HBI\u2122)<\/b><\/p>\n<p>\nThe Primerica Household Budget Index\u2122 (HBI\u2122) is constructed monthly on behalf of Primerica by its chief economic consultant Amy Crews Cutts, PhD, CBE\u00ae. The index measures the purchasing power of middle-income families with household incomes from $30,000 to $130,000 and is developed using data from the U.S. Bureau of Labor and the Federal Reserve. The index looks at the cost of necessities including food, gas, utilities and health care and earned income to track differences in in\ufb02ation and wage growth.<\/p>\n<p>\nThe HBI\u2122 is presented as a percentage. If the index is above 100%, the purchasing power of middle-income families is stronger than in the baseline period and they may have extra money left over at the end of the month that can be applied to things like entertainment, extra savings, or debt reduction. If it is under 100%, households may have to reduce overall spending to levels below budget, reduce their savings or increase debt to cover expenses. The HBI\u2122 uses January 2019 as its baseline. This point in time re\ufb02ects a recent \u201cnormal\u201d economic time prior to the COVID-19 pandemic.<\/p>\n<p>\nPeriodically, prior HBI\u2122 values may be revised due to revisions in the CPI series and Consumer Expenditure Survey releases by the U.S. Bureau of Labor Statistics.<\/p>\n<p><b>About Primerica, Inc.<\/b><\/p>\n<p>\nPrimerica, Inc., is a leading provider of \ufb01nancial services to middle-income households in North America. Independent licensed representatives educate Primerica clients about how to better prepare for a more secure \ufb01nancial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other \ufb01nancial products, which we distribute primarily on behalf of third parties. We insured over 5.7 million lives and had over 2.8 million client investment accounts on December 31, 2022. Primerica, through its insurance company subsidiaries, was the #3 issuer of Term Life insurance coverage in the United States and Canada in 2022. Primerica stock is included in the S&amp;P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol \u201cPRI.\u201d<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230928660855r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230928660855\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230928660855\/en\/<\/a><\/span><\/p>\n<p><b>Public Relations<br \/>\n<\/b><br \/>Gana Ahn, 678-431-9266<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:gana.ahn@primerica.com\">gana.ahn@primerica.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Nicole Russell, 470-564-6663<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:nicole.russell@primerica.com\">nicole.russell@primerica.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Georgia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Retail Professional Services Other Consumer Supermarket Women Food\/Beverage Men Retail Family Consumer Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/285418\/3\/PRIMERICA_LOGOsmall.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/3\/Primerica_HBI_August_2023.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Primerica Household Budget Index\u2122 &#8211; In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge. (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households Primerica\u2019s Household Budget Index sees slight decline DULUTH, Ga.&#8211;(BUSINESS WIRE)&#8211; Primerica, Inc. (NYSE: PRI), a leading provider of \ufb01nancial services in the United States and Canada, announced today the release of the Primerica Household Budget Index\u2122 (HBI\u2122), a monthly index illustrating the purchasing power of U.S. middle-income households with incomes between $30,000 and $130,000. In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge. This press &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-786842","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households Primerica\u2019s Household Budget Index sees slight decline DULUTH, Ga.&#8211;(BUSINESS WIRE)&#8211; Primerica, Inc. (NYSE: PRI), a leading provider of \ufb01nancial services in the United States and Canada, announced today the release of the Primerica Household Budget Index\u2122 (HBI\u2122), a monthly index illustrating the purchasing power of U.S. middle-income households with incomes between $30,000 and $130,000. In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge. This press &hellip; Continue reading &quot;Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-28T18:01:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households\",\"datePublished\":\"2023-09-28T18:01:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/\"},\"wordCount\":952,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230928660855\\\/en\\\/1901631\\\/4\\\/Primerica_HBI_August_2023.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/\",\"name\":\"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230928660855\\\/en\\\/1901631\\\/4\\\/Primerica_HBI_August_2023.jpg\",\"datePublished\":\"2023-09-28T18:01:30+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230928660855\\\/en\\\/1901631\\\/4\\\/Primerica_HBI_August_2023.jpg\",\"contentUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230928660855\\\/en\\\/1901631\\\/4\\\/Primerica_HBI_August_2023.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/","og_locale":"en_US","og_type":"article","og_title":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households - Market Newsdesk","og_description":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households Primerica\u2019s Household Budget Index sees slight decline DULUTH, Ga.&#8211;(BUSINESS WIRE)&#8211; Primerica, Inc. (NYSE: PRI), a leading provider of \ufb01nancial services in the United States and Canada, announced today the release of the Primerica Household Budget Index\u2122 (HBI\u2122), a monthly index illustrating the purchasing power of U.S. middle-income households with incomes between $30,000 and $130,000. In August 2023, the average purchasing power for U.S. middle-income households was 97.4%, down from 97.5% in July 2023. A year ago, in August 2022, the index stood at 88.6%. The slight decrease this month shows that middle-income budgets are still stressed and saving for the future, while eliminating debt remains a challenge. This press &hellip; Continue reading \"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-28T18:01:30+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households","datePublished":"2023-09-28T18:01:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/"},"wordCount":952,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/","name":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg","datePublished":"2023-09-28T18:01:30+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#primaryimage","url":"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg","contentUrl":"https:\/\/mms.businesswire.com\/media\/20230928660855\/en\/1901631\/4\/Primerica_HBI_August_2023.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rising-gas-prices-continue-to-limit-purchasing-power-of-middle-income-households\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/786842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=786842"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/786842\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=786842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=786842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=786842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}