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IPFS News Link • Economy - Economics USA

Americans Need Over $11K More To Keep 2021 Standard Of Living: Report

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The inflation rate has slowed slightly since 2021, when it spiked to the highest levels in four decades, but many American families say they are struggling more financially now than they did before the pandemic, CBS News polling from September showed.

Less than half of Americans, 47%, say they cannot live comfortably and have little money left over after meeting their expenses, down from 56% who said so in 2019, according to the polling. Meanwhile, more than half, 53% of Americans, say they either have just enough or cannot meet their expenses, up from 44% in 2019.

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