About 73% of Americans Doing At Least OK in Fed Survey (1)

Americans were mostly financially stable and had a slightly less pessimistic view of the economy at the end of last year, according to an annual survey by the Federal Reserve.

The report showed how consumers’ personal financial well-being was holding up ahead of the presidential election. Some 73% of adults were “doing okay or living comfortably financially” as of October 2024, little changed from 72% in 2023 but still below the high of 78% seen in 2021, according to the central bank’s Survey of Household Economics and Decisionmaking published Wednesday.

The proportion of people who said they could cover an ...