Global EditionASIA 中文双语Fran?ais
World
Home / World / Americas

英皇宫殿全平台体验金:Pawnshops become last resort for needy in US

By HENG WEILI in New York | CHINA DAILY | Updated: 2022-06-23 07:13 威尼斯人代理官方网址
Share
Share - WeChat

本文地址:http://691.8483355.com/a/202206/23/WS62b3a238a310fd2b29e67f8e.html
文章摘要:英皇宫殿全平台体验金,只因他拳头轰不到你,石壁天赋。

People shop for food along a busy shopping street in the Flatbush neighborhood of Brooklyn on June 15, 2022 in New York City. [Photo/Agencies]

With fuel and food prices soaring, some people in the United States are lugging their belongings to pawnshops to raise cash.

"They're coming in and they're pawning their personal items to help them out, and we're here to help them out," Eilsel Garcia, owner of Pawn Texas in Lubbock, told Fox 34 News.

"People have to go to work sometimes and this morning I had a customer come in and they were on 'E' (empty on their fuel tanks), and they pawned some personal items to help them out. So, they're really struggling. Sometimes, it's an inheritance from their grandma or their mom or even a wedding ring."

Items for sale include firearms, tools, computers, phones, video game consoles, and even items with sentimental value like inherited heirlooms, Newsweek reported.

"Gas and groceries are a daily occurrence. I've got to feed my family. I can't get to work," Patrick Wade, owner of P&J Pawn in Dallas, told NBC DFW news some of the reasons people give when they are at his shop.

"Our gas budget has almost doubled, and it's still rising so," Mindi Diamond told CBS affiliate WOWK in Huntington, West Virginia.

Diamond said she is considering trading in her sport utility vehicle for a more fuel-efficient car.

The nation's average gas price has recently declined, falling 4.2 cents from a week ago to $4.97 per gallon on Monday, according to price tracking website GasBuddy. But the national average is up 37.3 cents from a month ago and $1.92 per gallon higher than a year ago.

"Finally, some relief! For the first time in nine weeks, gasoline prices have fallen, following a broad sell-off in oil markets last week, pushing the national average back under the $5 level with most states seeing relief at the pump," said Patrick De Haan, head of petroleum analysis at GasBuddy.

Rising prices

The consumer price index rose 8.6 percent in May, according to the US Bureau of Labor Statistics. The energy index rose 34.6 percent over the last year, the largest 12-month increase since the period ending September 2005.

The food index increased 10.1 percent for the 12 months ending May, the first increase of 10 percent or more since the period ending March 1981.

Inflation has made the average US household spend an extra $460 per month, said Moody's Analytics senior economist Ryan Sweet.

Joshua Hobson, manager at Tri-State Pawn and Jewelry in Huntington, told WOWK that they have been seeing some new faces.

"It's usually just kind of the regulars and stuff that kind of use us for a bank essentially, but there are a lot of new people that are coming in," Hobson said. "Groceries went through the roof, of course.

"So everyone's just like struggling to eat. They are obviously going to find food to eat first before that, then they'll come here and get money for their utility bills, gas, et cetera."

 

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
威尼斯人代理官方网址 现金网赌 百万发等级礼金 广东会娱乐网上投注 环亚娱乐台湾美女客服
国民彩票app平台苹果版 888集团最新优惠 博发彩票网站 浩博国际娱乐官网 博彩城代理开户
88彩票电子竟枝 九五至尊澳门线上平台 彩拾彩票极速快三 申博亚洲开户登陆 环亚娱乐网址直营
t6娱乐现金充值 七月棋牌送1金币 菲律宾申博真人娱乐 金沙注册网址 菲律宾申博官网