More Americans feel broke than during 2008 financial crisis, Andrew Lokenauth notes

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02.05.2026

More Americans feel broke than during 2008 financial crisis, Andrew Lokenauth notes — More Americans report worsening finances

Andrew Lokenauth, industry influencer, reports that 55 percent of Americans say their finances are deteriorating, marking the highest sentiment of financial insecurity in 25 years.

According to Lokenauth, this figure has increased for the fifth consecutive year, with more Americans feeling financially strained now compared to during the 2008 financial crisis. The ongoing trend suggests an erosion of the middle class in the U.S.

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Lokenauth recently highlighted that U.S. PPI inflation reached 4 percent, the highest since February 2023. He has also noted that some high earners, including those making over $500,000, continue to live paycheck to paycheck. These developments come amid growing concerns about financial stability among Americans.

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