"The Unnoticed Decline: The Surprising Drop in Prices You've Overlooked"
Originally Published 2 years ago — by Business Insider
While inflation remains above the Federal Reserve's target, the prices of durable goods, such as used cars and appliances, have been falling. However, many Americans may not feel the impact as they are spending more on experiences and limiting purchases of goods. Groceries, healthcare, and other daily expenses continue to inflate, putting a strain on Americans' wallets. Although some items are getting cheaper, overall inflation and rising prices for services are still making many Americans feel the financial pressure.