Fact-check analysisVerified as of September 22, 2025Curated by FactVerify
True

More people are financially worse off than a year ago than better off.

Multiple recent and reliable surveys consistently show that more Americans report being financially worse off than better off compared to a year ago.

More Americans now say personal finances will be worse a year from now - Pew Research Center

More Americans now say personal finances will be worse a year from now - Pew Research Center

Source: pewresearch.org

At a glance

Key Evidence

Verified September 22, 2025
  • Money.com states 50% say they are worse off financially now versus 35% better off.

  • Gallup polls confirm a majority or near-majority feel worse off compared to last year.

  • CNBC reports two-thirds of workers feel financially worse due to inflation. These independent sources align in showing a net negative financial sentiment year-over-year.

The reporting

What the Evidence Shows

A range of independent surveys and reports from reputable sources including Pew Research Center, Gallup, CNBC, The Hill, and Money.com indicate a clear trend: a larger share of Americans feel financially worse off now than they did one year prior. For example, Money.com reports that 50% of Americans say they are worse off financially now compared to a year ago, while only 35% say they are better off.

Gallup polling data similarly shows that the majority or near-majority of Americans report worsened financial conditions relative to the previous year. CNBC's 2022 report found that about two-thirds of American workers felt worse off due to inflation. The Hill also notes a record share of Americans reporting financial decline year-over-year.

Although some variation exists in exact percentages depending on the survey and timing, the overall consensus is consistent: more people feel financially worse off than better off compared to a year ago. This trend is linked to factors such as inflation, cost of living increases, and economic uncertainty despite some measures of wealth growth.

Primary trail

Verified Sources10

More Americans now say personal finances will be worse a year from now

pewresearch.org
Open source

Half of Americans Say They're Worse off Financially Now Than a Year Ago

money.com
Open source

More Americans Worse Off Financially Than a Year Ago

news.gallup.com
Open source
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