The other day, I came across an article discussing the challenges many Americans are facing with prices and the general lack of optimism. I looked into the data behind it, and it appears much of it came from this survey. The survey was conducted in December, about three months ago, so some things may have shifted slightly since then, though probably not dramatically.
Overall, the results show that people are feeling somewhat pessimistic. Many say the economy isn’t really working for them, rising prices are a concern, and the cost of living is becoming more expensive. About a quarter of respondents reported that their expenses exceed their income, healthcare costs continue to climb, and some believe we’re already in a recession.
At the same time, the economy hasn't collapsed. Things appear relatively stable for now. Inflation remains a concern, and the job market has slowed, but people don’t seem to be having widespread difficulty finding work. It’s sluggish, but we’ve seen worse. We’ll have to wait and see how things unfold. COVID shifted economic projections a few years ago, and we learned that forecasts aren’t always as accurate as we hope.
As we head into 2026, a little hope doesn’t hurt. The best advice is to be smart with your money. Cut back on unnecessary expenses. Remember that companies will try to sell you anything they can, but that doesn’t mean it’s in your best interest. Saving even small amounts can add up. Invest a little at a time if you’re able. Pay down credit cards as quickly as possible—the interest rates are outrageous. I know that’s easier said than done, especially for the working class, but the struggle is real, and I understand why people are concerned because I'm cut from the same middle class cloth.
Still, I’m cautiously optimistic about a few things. Hang in there.
2026 Economic Outlook, December 2025• Most Americans feel pessimistic about the 2026 economy.
• Many say the economy is not working well for them personally.
• Rising prices and cost of living are the top concerns.
• About seven in ten say their local cost of living is not affordable.
• More people say their finances got worse this year than improved.
• About one-quarter report their expenses exceed their income.
• Over half worry about affording healthcare in 2026.
• A slim majority believe the U.S. is in a recession.
• More Americans think the Democratic Party would handle the economy better than the Republican Party.
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