Americans say incomes not keeping up with inflation — CBS News poll
Most Americans say income is not keeping up with inflation, CBS News poll finds A large majority of Americans say their incomes aren't keeping pace with inflation, as they report prices around them either rising or staying the same. Americans who report higher incomes are far more likely to say their financial situation is good and are much more confident about their ability to save – though the majority of them, too, say income isn't keeping up with inflation. The outlook going forward remains mixed at best and is also tied to current circumstances: Just over half expect things to at least hold steady, though only a third expect growth or a boom coming. Most continue to call the U.S. economy bad — even more so than last month — and views have been net-negative among Americans for five years going back to the start of the COVID pandemic.
Inflation stayed high last month, compounding the challenges facing the U.S. economy
Discover Related
Tariffs are another reason why Americans feel so lousy about the economy
Americans are growing concerned about the economy
Is Trump’s fiscal daredevilry a ticking time bomb for the US economy?
Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low
Consumer confidence is sliding as Americans’ view of their financial futures slumps to a 12-year low
Fed projections show economy radically changed by Trump’s election
Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Inflation may prevent the Fed from fending off a recession
US inflation cooled in February, but Trump’s tariff plans and trade war loom
The top driver of America's economy 'might be maxed out': Wall Street Journal
Inflation is easing, but another alarm bell is ringing about the US economy
Headline inflation remained at 2.5pc in January but core inflation rose slightly