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Meanwhile, new report from NYFed finds "a remarkable increase in food insecurity, particularly among lower-educated and lower-income households and households with young children." They added that these families also report a sharp drop in expectations of finding a job.
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A look at the food insecurity and consumer pessimism facing large segments of the U.S. population using data from the Survey of Consumer Expectations.
libertystreeteconomics.newyorkfed.org
Food Insecurity and Consumer Pessimism - Liberty Street Economics
Catherine Rampell