Bankrate.com Survey: 60% of Americans Say Their Finances Same or Worse Since 2016 Election

  • Close to 40 percent of individuals polled by Bankrate.com say their personal financial situations have improved since President Trump was elected.
  • Among households earning less than $30,000 a year, 78 percent say that their financial situation hasn’t improved since 2016.

Though the U.S. economy has improved since 2016, more than 60 percent of Americans say they have yet to see an improvement in their own wallets.

In all, 45 percent of 1,001 individuals polled by Bankrate.com said their finances have been “about the same” compared to two years ago.

Another 17 percent said their finances have worsened since then, Bankrate.com found.

The personal finance website conducted its survey via telephone in late September. The margin of error is 3.72 percentage points.

The news comes amid an improvement in the economy over the last two years. For instance, average hourly earnings are up, reaching $27.24 per hour last month, according to the Bureau of Labor Statistics.

www.cnbc.com/2018/10/24/these-americans-say-their-finances-havent-improved-since-2016-election.html?__source=sharebar%7Ctwitter&par=sharebar