Americans Reported Strong Personal Finances Late Last Year, Fed Finds

Americans reported the highest level of financial well-being last fall than at any point in almost a decade, according to a Federal Reserve survey, bolstering households ahead of growing economic uncertainty.

The survey, conducted in October and November of last year and released Monday, is a sign that households entered 2022 in good shape, ahead of the disruptions caused by the Omicron wave of Covid-19 and the highest inflation in four decades.