Despite positive macroeconomic data such as low unemployment and steady GDP growth, a significant portion of the U.S. population continues to grapple with financial instability. Rising costs for essentials like housing, healthcare, and groceries have eroded disposable income, leaving many households living paycheck to paycheck. Surveys indicate that nearly half of American adults would struggle to cover an unexpected $1,000 expense, highlighting the disconnect between official economic metrics and everyday realities. While inflation has eased from its peak, prices remain elevated compared to pre-pandemic levels, and wage growth has not kept pace for all sectors. This growing sense of economic insecurity is influencing voter sentiment, with many expressing dissatisfaction over the current direction of the economy despite strong headline numbers.
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Video Many Americans face economic hardship despite strong metrics
We’ll notify you here with news about n nMany Americans face economic hardship despite strong metrics n nABC News’ Elizabeth Schulze reports on the U.S. economy and latest political polling on “This Week.”