Monday, May 06, 2019

Financial Situation of American Households

The 56 percent majority of Americans say their personal financial situation today is good or excellent, according to a 2019 Gallup poll. This figure is significantly above the low of 41 percent recorded in 2012—in the aftermath of the Great Recession. But not everyone is doing well. Here is the distribution of households by their current financial situation...

Current financial situation (percent of households)
19% are saving a lot
37% are saving a little
26% are just managing to make ends meet
  6% are having to draw down savings
  7% are running into debt
  5% mixed, neither, or no opinion

Source: Gallup, Americans Feel Generally Positive about Their Own Finances

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