As inflation continues to hover at its highest rate in 40 years, economic issues are top of mind for voters. New Yorkers are turning to pawnshops to make ends meet.
Economic issues are top of mind for voters and inflation continues to hover at its highest rate in 40 years. New Yorkers are turning to pawnshops to make ends meet.As inflation continues to hover at its highest rate in 40 years, economic issues are top of mind for voters. Fox 5 News found"If you really want to see how the economy is doing, spend a weekend in a pawnshop because we're the first line of defense," said Danny, the owner F&D Pawn Brokers.
We know how the economy is doing before most people because we see people who need money for groceries and everyday goods."The other day, I had a lady in here with a carriage and she had a young child," Danny said. "And she needed money for food. It was horrible. You see what's happening and I see a lot of that lately."
The Bureau of Labor Statistics says that consumer prices rose by more than 8% this year. That's not just affecting people for a night out on the town or a new pair of shoes, that's hitting them where it hurt the most, making it hard for them to pay for necessities, like rent, groceries and gas.
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