Majority of Middle-Class Americans Say They Struggle Financially
June 5, 2024 by Alexandre Tanzi
Almost two-thirds of Americans considered middle class said they are facing economic hardship and don’t anticipate a change for the rest of their lives, according to a poll commissioned by the National True Cost of Living Coalition.
By many traditional measures, the US economy is strong, with robust labor, housing and stock markets, as well as solid gross domestic product growth. But the data don’t capture the financial insecurity of millions of households who worry about their future.
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Originally Posted at Bloomberg on June 4, 2024 by Alexandre Tanzi.
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