Primerica Household Budget Index™: Declining Gas Prices Support Middle-Income Families' Ability to Get Ahead
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Primerica, Inc. released its Primerica Household Budget Index™ showing an increase in purchasing power for middle-income families, supported by declining gas prices. The index rose to 103.1% in October 2024, marking the sixth consecutive month of growth.
November 26, 2024 | 5:15 am
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POSITIVE IMPACT
Primerica's Household Budget Index™ indicates improved purchasing power for middle-income families, driven by lower gas prices. This positive trend could enhance Primerica's market position and attract more clients.
The increase in the Household Budget Index™ suggests that middle-income families have more disposable income, which could lead to increased demand for Primerica's financial products and services. This positive economic indicator is likely to enhance Primerica's market position and attract more clients, potentially boosting revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90