Demographics

The Pinch

Demographics indicator

What is the current The Pinch?

ADULTS REPORTING EXPENSE DIFFICULTY
22.8%

Difficulty Paying Usual Household Expenses: 22.8% as of 2026-03-30. Source: Census Bureau Household Pulse Survey.

Explore Further

How has The Pinch changed over time?

CSV Chart
The Pinch over time
The Pinch, percent
The Pinch
Historical data
Biweekly · Census Bureau Household Pulse Survey
Period Value YoY Change
Mar 2026 22.8%
Jun 2025 19.8%
Sep 2024 37.1% −0.2 pts
Aug 2024 37.4% −1.5 pts
Jul 2024 37.4% −0.4 pts
Jun 2024 37% −1.6 pts
May 2024 36.5% −2.0 pts
Apr 2024 36.4% −2.1 pts
Apr 2024 35.7% −3.0 pts
Mar 2024 36.2% −2.3 pts
Feb 2024 36% −3.7 pts
Oct 2023 40.8% −0.1 pts

How to read this series

The source changed how it measures this in Jun 2025. The Household Pulse Survey ended cross-sectional collection in September 2024 and relaunched inside the Household Trends and Outlook Pulse Survey as a longitudinal panel. Readings before and after sit on different samples. Readings on either side are not directly comparable, so the year-over-year column stays blank where a comparison would cross that date. Source documentation.

The source changed how it measures this in Mar 2026. Census widened the question's recall window from the last 7 days to the last two months, and returned the survey to a cross-sectional design. A longer window counts more households, so the level steps up on the wording alone. Readings on either side are not directly comparable, so the year-over-year column stays blank where a comparison would cross that date. Source documentation.

Frequently Asked Questions

What is Difficulty Paying Usual Household Expenses?

Demographics indicator

Why does Difficulty Paying Usual Household Expenses matter for financial distress?

Difficulty Paying Usual Household Expenses is one of the indicators tracked by the American Distress Index (ADI), which measures five dimensions of U.S. household financial distress: Delinquency, Default & Legal, Debt Burden, Labor, and Safety Net & Buffer. Changes in this indicator contribute to the overall distress picture.

Where does the Difficulty Paying Usual Household Expenses data come from?

This data comes from Census Bureau Household Pulse Survey. More information: https://www.census.gov/data/experimental-data-products/household-pulse-survey.html. The American Distress Index updates this indicator biweekly.

Ross Kilburn
Written by

Ross Kilburn, Founder

American Default Research · Seattle, Washington

Two decades working directly with financially distressed American households — from property preservation in 2003, to negotiating over 1,000 short sales during the Great Recession, to foreclosure defense marketing today. Author, The Ark Law Group Complete Guide to Short Sales (Auroch Press, 2013). Twice named to Puget Sound Business Journal Fast 50 for Ark Law Group. B.A., University of California, Berkeley, 1992. Founded American Default Research in 2026 to fill a gap in public data that had been empty since 2013.

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Why does The Pinch matter?

The Pinch is one of 98 live indicators tracked by American Default Research. The methodology page explains sources, update cadence, and how the index uses its published inputs.
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