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Most Americans report struggling with rising holiday costs despite claims of economic strength.
A new AP-NORC poll finds that most Americans are struggling with rising holiday costs, reporting higher prices for groceries, electricity, and gifts, with 68% rating the economy as poor—unchanged from late 2024.
Despite President Trump’s claims of a booming economy and zero inflation, about half say it’s harder to afford gifts, leading many to cut back, delay purchases, or rely on savings and “buy now, pay later” plans.
The findings mirror concerns from December 2022 under Biden, highlighting persistent public frustration despite inflation easing to 3%.
Tariffs are contributing to price increases, particularly on holiday items, with some products seeing hikes over 60%.
While Democrats are more likely to adjust budgets, many Republicans are also spending less.
La mayoría de los estadounidenses informan que luchan con los crecientes costos de las vacaciones a pesar de las afirmaciones de fortaleza económica.