Food insecurity increase for many Americans ‘remarkable’: NY Fed
Summary
The Federal Reserve Bank of New York reported that more American families have had trouble buying enough food since 2020. This problem is especially common among families with less education, lower income, and young children.Key Facts
- The number of American households facing food insecurity has gone up since 2020.
- Food insecurity means not having reliable access to enough affordable and nutritious food.
- Lower-educated households are more affected by food insecurity.
- Lower-income households face greater challenges in affording food.
- Families with young children are particularly impacted by food insecurity.
- The information comes from a new analysis by the Federal Reserve Bank of New York.
- The report was released on a Wednesday morning in 2024.
- Economic pressures since 2020 have contributed to this rise in food insecurity.
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