Nearly 4 in 10 Americans Say Family Finances Have Suffered in the Last Year

Sep 19, 2022, 12:49 PM

(From NPR) While a majority of Americans say their personal finances are about the same or better than they were a year ago, most in the U.S. feel they have had to cut back on spending in at least one way over the last six months, according to a new PBS/NPR/Marist poll. Among U.S. adults, more than a quarter say they'd had to rely on savings in order to make ends meet. In general, families making less than $50,000 a year were more likely to say they'd cut spending than those with higher incomes. More than six in ten Americans believe the U.S. is in a recession right now, far more than the one in three who say their personal finances have gotten worse over the past year. 

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