The Middle Class Is Buckling Under Almost Five Years of Persistent Inflation
Rising costs of necessities outpace wages by 9.2%, with 55% of middle-income Americans rating their finances poorly, fueling financial stress and pessimism, Primerica reported.
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8 Articles
Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows
Middle-income Americans are facing an economic hangover from the inflation of the last several years, and it has led to increased pessimism about their financial prospects, a new analysis finds.A report by Primerica found that in the third quarter of 2025, just 21% of middle-income Americans believe they'll be better off financially in the next year, while 34% believe they'll be worse off and 33% expect their situation to remain the same.Those f…
Corporate earnings show the middle-class is tightening spending
America’s middle class is straining under the weight of five years of elevated prices, with costs for goods and services now 25% higher than in 2020, The Wall Street Journal writes. Even as headline inflation cools, essentials—from groceries to car repairs—keep climbing, leaving many households feeling like their wages and savings can’t keep pace. Pew defines the middle class broadly as households earning roughly $66,000 to $200,000, but across…
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