Pawn Shop Uptick Signals Economic Struggles for Working Families Despite Touted Growth

Pawn shop inventory is up, indicating tougher economic times for low-income Americans even as Biden touts a strong economy
High inflation over the past 2 years has hit working families hard, especially those living paycheck to paycheck
50% of U.S. households lack $1,000 in savings to cover emergencies, forcing many to rely on pawn shops
Big pawn shop chains are seeing increased demand for loans and higher inventories as people pawn items to get by
Customers blame Biden and high food/gas prices for financial struggles; inflation ticked up again in January/February despite recent declines