USAFacts: "How are Americans doing financially?"

"Last week, we talked about how people felt about the economy. Now let’s zoom in: How do people feel about their personal finances? The Federal Reserve tracks Americans' sentiment about their financial situations, including their main financial challenges, and it turns out people are feeling the pinch of higher prices.

https://usafacts.org/articles/how-are-americans-doing-financially/

• In 2025, 28% of US adults reported being worse off financially than the previous year. This is similar to 2024, when 29% of adults reported being worse off, but down from 35% in 2022. 
  
  

• The share of Americans who say they are doing okay or better financially has remained near 73% since 2022, down from a recent high of 78% in 2021.
  
  

• Price increases were the top financial challenge among adults last year, with 91% reporting them as a concern. Saving for retirement was the second most common challenge: 72% of Americans reported it as a concern.
  
  

• Eighty-six percent of people with at least a bachelor’s degree reported doing at least okay, compared to 64% of people with high school diplomas or GEDs and 41% of people who didn’t finish high school.
  
  

• Over the 13 years of available data, Asian adults consistently reported the highest rate of financial security, followed by white adults. Black and Hispanic adults reported the lowest rates."

See the data at USAFacts - https://usafacts.org/articles/how-are-americans-doing-financially/