A growing share of households across the country are struggling to cover basic expenses, with nearly three in ten adults reporting they can only partially pay their monthly bills or make installments, according to new survey data. The financial strain reflects broader economic pressures, as rising costs outpace wage growth for many families. Experts warn that prolonged tight budgets could deepen inequality and limit economic mobility. The findings highlight a key challenge for policymakers as they weigh solutions to support struggling consumers.
Much of the country is feeling the pinch financially — with 27% of people saying they can only pay some of their monthly bills or make partial payments, according to a Pew Research survey.
