Americans Feel The Strain: 81% Worry About Tariffs, 70% About Housing Market Crash

Just 1 in 4 Americans (26%) feel economically better off than they were six months ago, and just a third (34%) expect to be better off in six months than they are today.

A whopping three-quarters of Americans (74%) believe inflation will worsen over the next year, and 70% are more worried about inflation than in September 2024. Just 39% support President Trump's handling of the issue.

72% believe tariffs will hurt the U.S. economy, as more than half of Americans (58%) are cutting non-essential spending in anticipation of the 2025 economic climate. Meanwhile, roughly a third (32%) say they've stockpiled resources like canned food or first aid supplies.

Over half (54%) would prefer to buy now to avoid future price hikes, but 32% of those who planned a major purchase this year say they're now delaying it - including 1 in 4 (22%) who planned to buy a home and 1 in 8 (13%) who planned to sell a home.

While 70% worry about a housing market crash, 32% fear they won't be able to afford housing payments as a result of the 2025 economy.

Although 78% generally favor cutting government spending, just 46% support the current administration's approach. Notably, fewer than half of respondents (44%) support Elon Musk's Department of Government Efficiency (DOGE).

Three-quarters of Americans (75%) say cuts to government assistance programs would directly impact them or their families, and 1 in 10 (11%) would even fear becoming homeless.

A startling 85% say they're worried about Social Security benefit changes - the most of any government program.

Two-thirds of Americans (68%) worry about losing rights or equality, while 57% support diversity, equity, and inclusion (DEI) efforts. As a result, 39% have decreased spending at businesses whose policies don't align with their views.

Overall, 46% think people are underreacting to the Trump administration's potential impact on their finances, compared to just 30% who think people are overreacting.

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