WASHINGTON, DC — A new Gallup survey shows a growing number of Americans believe their financial situation is worsening, reaching levels not seen in over two decades.
According to data reported by Axios, 55% of respondents in an April 1–15 poll said their finances are getting worse. That figure has steadily increased from 53% last year and 47% in 2024, marking the highest level since 2001.
The findings come after several years of elevated inflation, with many Americans continuing to feel pressure from higher everyday costs. When asked to identify their most significant financial concern, 31% pointed to the cost of living, while 13% cited energy expenses — a sharp increase and the highest level since 2008.
Recent spikes in gas prices have added to the strain. According to AAA data cited in the report, the average price of gasoline has climbed to $4.11 per gallon, compared to under $3 before the escalation of conflict involving Iran earlier this year.
The poll also highlights a sustained trend, with more Americans reporting worsening finances than improving conditions for five consecutive years.
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