-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
China's Singles' Day Exposes Persistent Consumer Caution
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
Energy Costs Push OECD Inflation Up to 4.5%
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
NEET’s Merit Promise Erodes as Cost and Time Barriers Rise for Medical Aspirants
-
Lakers Defeat Bucks 123-112 Amid Injury Concerns for Dončić and Reaves
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
Audi-SAIC CEO Fred Schulze Confirms AUDI Brand Will Launch Three New Models in China
-
TuckShop Announces Cast for 'Jack and the Beanstalk' Drag Panto
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Samsung One UI 9.5 Reportedly Adds Call Recording for WhatsApp and Telegram
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
Chennai venue launches month-long festival devoted to full-length theatre
-
New Bay of Bengal low may form November 13 as Tamil Nadu outlook remains unclear
-
एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी
-
ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar
-
АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания
-
알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제
-
أليكس بودي وSCANDIC PAY: بطاقات Mastercard وVISA — جيل جديد من المدفوعات
-
ALEX BODIとSCANDIC PAY:Mastercard・VISAカードによる新世代の決済
-
ALEX BODI 與 SCANDIC PAY:Mastercard 與 VISA 卡——新一代支付方式
-
ALEX BODI a SCANDIC PAY: karty Mastercard a VISA – nová generace plateb
-
ΑΛΕΞ ΜΠΟΝΤΙ και SCANDIC PAY: κάρτες Mastercard και VISA — μια νέα γενιά πληρωμών
-
ALEX BODI i SCANDIC PAY: karty Mastercard i VISA — nowa generacja płatności
-
АЛЕКС БОДІ та SCANDIC PAY: картки Mastercard і VISA — нове покоління платежів
In swing state Pennsylvania, middle class struggles to get by
The giant steelworks that greets visitors to Allentown, Pennsylvania once symbolized the city's success as an industrial hub. Today, its middle-class residents struggle to overcome the long-term impacts of post-pandemic inflation.
Purchasing power is one of the main themes of the US presidential election, and a thorn in the side of Democrats -- especially in this Rust Belt battleground state, which could be one of a handful to decide who wins the White House in November.
"Inflation has come down tremendously," said Bill Leiner, a 70-year-old nurse and volunteer for the Democratic Party, which seems to be coalescing behind Vice President Kamala Harris after Joe Biden's withdrawal from the race.
"However, there are many people... who don't believe that, because there's a right-wing echo chamber pumping out disinformation," Leiner told AFP, explaining he even has to help his own family members separate truth from fiction.
When a loved one complained about the high price of eggs, Leiner explained it was the result of a bird flu epidemic, not government policy, and advised the person to buy the store's brand, instead of a name brand product, to save money.
"I've amended my habits. I keep an eye on prices. I look at what I do, at my budget," he said.
Matthew Kayes, who was exiting a Whole Foods supermarket with his family, said he too had changed up his shopping habits, buying different products from different suppliers.
Kayes even goes straight to local farms in the region dotted with green hills, where "the prices are generally cheaper and, we find, the produce is better."
Accountant Tamy Ferry said she watches her budget, but still buys what she likes, even if prices are higher.
"Occasionally, I stay away from certain things, or I wait until they go on sale, but I do shop at various stores," Ferry said.
- More visitors at food pantries -
On Friday, all eyes will be on new inflation figures from the US government. May data showed that goods prices had cooled slightly -- good news for both consumers and Democrats keen to overcome voter hesitation about their economic record.
In Allentown, residents are considered middle class if their households earn between $37,300 and $112,000 a year. Even then, some have had to turn to food pantries.
"For the last two years, we saw almost a doubling of the people showing up in our food pantry every single day," said J. Marc Rittle, the executive director of New Bethany, a nonprofit that helps those facing economic and social hardship.
According to Rittle, more and more of the newcomers visiting New Bethany are middle class.
"Housing costs have skyrocketed, so people have to choose between paying their rent or buying food," he said, explaining those coming to the pantry are looking for a "complement" to the food they can afford on their own.
"We don't refuse anyone," Rittle said -- even those whose salaries exceed the level suggested by the federal Feeding America program.
He said he noticed that more Allentown residents started having trouble when the financial aid programs launched during the coronavirus pandemic expired.
At that same moment, the war in Ukraine sent oil prices soaring, which translated into an overall jump in the cost of daily necessities.
The annual inflation rate has certainly fallen, from a high of 9.5 percent in June 2022 to an average of 2.6 percent in recent months.
"A slowdown in inflation is still an increasing rate of the cost of living, so that doesn't help at all. It's just not going up as much as before," Rittle said.
"We would have to return to a lower cost of living."
- 'Modest and incremental' -
Al Jacobsen, executive director of Allentown's 1,000-seat Miller Symphony Hall, also counts on the assistance of others to keep his budget out of the red.
He struggles to balance higher operating costs and salaries with the impossibility of raising ticket prices without seeing a hit on attendance, among patrons who face tough choices about how to spend the little disposable income they have.
He also says he has created new ticket categories and launched subscription incentives, but has been unable to book some artists whose fees have soared.
"We are not an essential service like food or shelter, so we're limited in how much we can increase without affecting the demand," Jacobsen said.
"Our increases have been modest and incremental."
L.Torres--PC