Over 70% of Americans Feel ‘at Least OK’ Financially in Fed Poll

Americans may have a worsening view of the economy, but their personal financial well-being hasn’t changed much last year in an annual survey by the Federal Reserve.

About 72% of adults were “doing at least OK financially” as of October 2023, little changed from 73% in 2022 but down from a 78% high in 2021, according to the central bank’s Survey of Household Economics and Decisionmaking, published Tuesday.

The share of Americans who can cover a surprise expense of $400 using cash or equivalent was also little changed from the previous year — about two-thirds.

The ...