2023 SHED results: 65% adults said that price increases made their financial situation worse. White
and Hispanic adults, adults with a disability, and parents living with their children hardest hit. Material hardships included not paying all bills, not always having enough to eat, and skipping medical care because of cost.
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URL https://www.federalreserve.gov/publications/files/2023-report-economic-well-being-us-households-202405.pdf DOI Identifier https://doi.org/10.17016/8960 About Since 2013, the Federal Reserve Board has conducted the Survey of Household Economics and Decision making (SHED), which measures the economic well-being of U.S. households and identifies potential risks to their finances. The survey includes modules on a range of topics of current relevance to financial well-being including credit…