Primerica Household Budget Index™: Purchasing Power for Middle-Income Households Improves Slightly as Gas Prices and Auto Insurance Costs Decline
The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, found the average purchasing power for necessities rose to 99.6% in March, a 0.2% increase from a month ago and up 1.3% from a year ago.
Primerica Schedules First Quarter 2025 Financial Results Webcast
Primerica, Inc. (
NYSE:PRI) announced today that it will hold a webcast on Thursday, May 8, 2025, at 10:00 a.m. (ET) to discuss the Company’s results for the quarter ended March 31, 2025, as well as other business-related matters, including future expectations. A news release announcing the quarter’s results will be distributed after the close of the market on Wednesday, May 7, 2025.
National Survey: Middle-Income Americans Grapple With Growing Financial Uncertainty; Inflation Once Again Is Top Concern
Inflation continues to be the top concern of middle-income Americans, according to Primerica’s latest Financial Security Monitor™ (FSM™), with 62% reporting stress over finances, up from 57% during the fourth quarter of 2024. Forty-six percent (46%) expect to be worse off financially in the next year, up from 27% in December 2024.
Primerica Household Budget Index™: Uncertainty Continues to Increase for Middle-Income Families Over Rising Cost of Necessities and Leveling of Income Growth
The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, found the average purchasing power for necessities fell to 99.4% in February, a 0.3% decrease from a month ago but a 0.4% increase from a year ago. For households earning an annual income of around $60,000, the increase in necessity goods prices in February cost them about $110 more in total than in January. Uncertainty among middle-income households is being driven in part by the volatility in the cost of household necessities.
Primerica Household Budget Index™: Inflation Continues to Disproportionately Impact Middle-Income Americans, Continuing an 18-Month Trend
The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their wages, found the average purchasing power for necessities fell to 99.7% in January, a 0.6% decrease from a month ago but a 0.3% increase from a year ago.
Primerica Reports Fourth Quarter 2024 Results
Primerica, Inc. (
NYSE: PRI) today announced financial results for the quarter ended December 31, 2024. Total revenues of $788.1 million increased 12% compared to the fourth quarter of 2023. Net income from continuing operations of $167.7 million increased 9% while net earnings per diluted share from continuing operations of $4.98 increased 14% compared to the prior year period.
National Survey: Purchasing Power of Middle-Income Americans Improves, While Majority of Families Still Report Falling Behind Due to Cost of Living
Middle-income Americans remain concerned about inflation and the high cost of living, with many saying their income is not keeping pace, according to Primerica’s latest Financial Security Monitor™ (FSM™). While some respondents express signs of cautious optimism, the lingering effects of inflation continue to shape how middle-income families manage their money and plan for the future.
Primerica Schedules Fourth Quarter 2024 Financial Results Webcast
Primerica, Inc. (
NYSE:PRI) announced today that it will hold a webcast on Wednesday, February 12, 2025, at 10:00 a.m. ET to discuss the Company’s results for the quarter ended December 31, 2024, as well as other business-related matters, including future expectations. A news release announcing the quarter’s results will be distributed after the close of the market on Tuesday, February 11, 2025.
Primerica Senior Field Leaders Convene to Cast Vision for Growth at 2025 Leadership Meeting
Primerica, Inc. (
NYSE: PRI), a leading provider of financial products and services in the United States and Canada, will kick off the new year with over 900 of its top field leaders meeting in Dallas, Texas on January 7-8, 2025. Along with discussing company-wide initiatives for 2025, the annual leadership meeting will celebrate 2024 milestones and discuss opportunities for the year ahead.
Primerica Household Budget Index™: Purchasing Power for Middle-Income Families Rose 2.8% in November Compared to a Year Ago
Primerica, Inc. (
NYSE: PRI), a leading provider of financial services and products in the United States and Canada, announced today the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of middle-income households with income between $30,000 and $130,000. In November 2024, the average purchasing power for middle-income families was 103.6%, up from 103.1% in October 2024. This marks the seventh consecutive month purchasing power rose for middle-income families. Spending power is at its highest level since January 2021 and is up 2.8% from a year ago. The recent recovery is driven primarily by gas prices continuing to fall in November while the cost of other necessity goods remained steady.
