Back to today’s briefing

Story perspectives

US Inflation Drops, But Food and Housing Woes Persist

11/20/2025

33 6 Full Breakdown

Summary

Story summary

Inflation rates in the United States have decreased.
A CBS News poll shows inflation and the economy are top concerns.
Food insecurity reached nearly 14% of households this year.
Housing affordability requires an income of $121,400 to buy a typical home.
Health care expenses are rising due to increased treatment costs.

History

Historical Context

The Great Depression began with the Wall Street crash of 1929, leading to a staggering 25% unemployment rate by 1933. Contributing factors included the Smoot-Hawley Tariff Act of 1930, which worsened international trade. Today, rising utility costs and food shortages echo this historical crisis, as 40% of New York families face a $200 monthly deficit, highlighting ongoing economic inequality.

1 of 2

Story summary

Inflation rates in the United States have decreased.
A CBS News poll shows inflation and the economy are top concerns.
Food insecurity reached nearly 14% of households this year.
Housing affordability requires an income of $121,400 to buy a typical home.
Health care expenses are rising due to increased treatment costs.

1 / 2