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Household income declines in 17 states in 2022 Americans are pessimistic about the economic outlook

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According to CBS News (CBS) on the 10th, data showed that the median household income in the United States fell in 17 states in 2022, and Americans are pessimistic about the country's economic prospects.
According to the latest data from the U.S. Census Bureau, a total of 17 states saw median household income decline in 2022, concentrated in the Midwest and Northeast, including Michigan, Ohio and Pennsylvania. In contrast, median household income rose in only five states.
The latest public opinion poll shows that more than half of respondents say they are struggling to make ends meet. CBS says Americans are pessimistic about the nation's economy and their own financial prospects. The reasons for this pessimism are clear: on the one hand, inflation has hurt their incomes; On the other hand, many people's incomes are also falling.
Despite the "seemingly" strong U.S. economy, many Americans are still dissatisfied with the economy. The main reason is the decline in their own income. In 2022, the median household income in the United States fell 2.3 percent to $74,580, the third consecutive annual decline.
In addition, some experts pointed out that although inflation in the United States has fallen, it is still high.
"Consumer confidence remains low, close to levels seen during the lockdown at the start of the coronavirus pandemic," said Morning Consult economist John Wheeler.
According to the report, there is a growing number of elderly poverty in the United States, because older people are more vulnerable to inflation than younger people. In 2022, the poverty rate for Americans over 65 soared to 14.1 percent, an increase of more than 3 percentage points.
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