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AP-NORC poll: Many Americans say their expenses are outpacing earnings this year

According to a new poll by The Associated Press-NORC Center for Public Affairs Research, about two-thirds of Americans say their household expenses have increased over the past year, while only about one-quarter say their income has increased in the same period. Many Americans are concerned about their financial futures as household expenses outpace earnings. The majority of Americans have seen their household debt either rise or stay the same. Only 15 percent say their household savings have increased in the last year. Confidence in paying for unexpected medical expenses and retirement is low among Americans.

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AP-NORC poll: Many Americans say their expenses are outpacing earnings this year

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