Back to today’s briefing

Story perspectives

25% of Households Struggling as Holiday Spending Looms

11/26/2025

34 2

Summary

Story summary

A University of Michigan survey finds nearly 25% of American households live paycheck to paycheck, prompting cautious holiday spending.
Seventy-six percent rate the economy negatively, reflecting broad voter unease.
Many voters blame U.S. President Donald Trump for the downturn.
Analysts say Trump's early policies may have worsened affordability.
As Thanksgiving approaches, the test is whether relief arrives or costs rise.

1 of 1

Story summary

A University of Michigan survey finds nearly 25% of American households live paycheck to paycheck, prompting cautious holiday spending.
Seventy-six percent rate the economy negatively, reflecting broad voter unease.
Many voters blame U.S. President Donald Trump for the downturn.
Analysts say Trump's early policies may have worsened affordability.
As Thanksgiving approaches, the test is whether relief arrives or costs rise.