A record number of Americans think they’ll be worse off financially next year, marking the highest percentage in either of Trump’s presidential terms of those who are fearing the worst at any point.

According to the Federal Reserve Bank of New York, 38.97 percent of Americans said they’ll be worse off next year financially. The last time it was this high was in November 2023.

“It reflects an economy that is technically growing, but doesn’t feel like it is improving fast enough for regular households,” Michael Ryan, a finance expert and the founder of MichaelRyanMoney.com , told Newsweek.

Why It Matters

The number of Americans who feel they will be worse off financially next year is a key indicator of American sentiment on the economy and often the broader presidential adminis

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