AP Wire
  • Updated

A new analysis of consumer data shows that more people in the United States are falling behind on their utility bills. Past-due balances jumped 9.7% in the second quarter over the same period last year,  according to the Century Foundation, the left-leaning think tank that did the study. The study comes as President Donald Trump has been promoting the buildout of the AI industry — a sector that uses a lot of electricity. And voters have also said they're worried about the high cost of living. The foundation says nearly 6 million households have utility debt “so severe” that it will soon be reported to collection agencies.