Understanding the Economic Squeeze on Households

Hi everyone — if you’ve felt like every month is a bit tighter (and you’re wondering

why), you’re not alone. What many people don’t realise is that the financial

squeeze on lower-income households isn’t just a personal issue — it’s a signal flare for the entire

U.S. economy. Today I’ll walk you through why that group is under

pressure, how it could ripple across us all, and what you can do to protect your

finances. Let’s jump in. “Here’s the big idea: consumer spending drives about 70

% of U.S. GDP. When a large portion of households — particularly lower-income

ones — are squeezed, it weakens the foundation of that spending. Right now, multiple reports