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Podcast: γ¬γ’γΈγ§γθ±δΌθ©± Daily News Article Podcast
Episode: New analysis shows more US consumers are falling behind on their utility bills
Description: More people are falling behind on paying their bills to keep the lights on and heat their homes, according to a new analysis of consumer dataβa warning sign for the U.S. economy and another political headache for President Donald Trump.
Past due balances to utility companies jumped 9.7% annually to $789 between the April-June periods of 2024 and 2025, said The Century Foundation, a liberal think tank, and the advocacy group Protect Borrowers. The increase has overlapped with a 12% jump in monthly energy bills during the same period.
Consumers usually prioritize their utility bills along with their mortgages and auto debt, said Ju...