High earners are feeling low
Source: Business Insider ·
Americans making six figures feel bad about the economy and their personal finances. That might show up in midterm results.
From the source
Americans making six figures are feeling worried about the economy.d3sign/Getty ImagesAmericans making more than $100,000 are feeling bad about their personal finances.They're also feeling a lot worse about the government's economic policies.Those personal and political concerns could impact Tuesday's midterm results.Americans making six figures aren't feeling too hot.Consumer sentiment is near historic lows, and according to Morning Consult's weekly tracking, households earning $100,000 or more have seen their sentiment drop to its lowest in months.That dip is a worrying sign for spending — which is overwhelmingly powered by higher earners — and potentially pivotal as consumers gear up to vote in contentious midterm elections.Late in the summer of 2025, 45.2% of six-figure Americans felt their finances were getting better. That dropped to 32.5% at the new year, and 30.2% in the week ending October 26.Of course, lower-income workers still feel worse, especially as they're…
BestAIBroker analysis
- Finance-aware sentiment: neutral (-0.05 on a -1 to +1 scale).
- Event classification: OTHER.
- Market importance score: 29/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.