Growing number struggle to pay bills as Trump faces cost of living pressure
Source: The Independent
Monday 17 November 2025 07:40 EST
A new analysis of consumer data reveals a concerning trend in the United States, with a growing number of households struggling to pay their utility bills, signalling a potential warning for the nation's economy.
According to The Century Foundation, a liberal think tank, past due balances owed to utility companies surged by 9.7 per cent annually, reaching an average of $789 between April-June periods of 2024 and 2025. This increase coincides with a 12 per cent jump in monthly energy bills over the same timeframe.
Julie Margetta Morgan, the foundation's president, highlighted the significance of these figures. "Consumers usually prioritise their utility bills along with their mortgages and auto debt," she stated. "The increase in both energy costs and delinquencies may suggest that consumers are falling behind on other bills, too."
Theres a lot of information out there about rising utility costs, but here we can actually look at what that impact has been on families in terms of how theyre falling behind," Margetta Morgan said.
Read more: https://www.the-independent.com/news/world/americas/century-foundation-trump-cost-living-b2866613.html
Link to Century Foundation REPORT - Fueling Debt: How Rising Utility Costs Are Overwhelming American Families
BaronChocula
(3,779 posts)At least according to the Dark Lard-Ass. He ran on bringing prices down on day one. We have no reason to believe he's the most untrustworthy person you can vote for. No evidence of that at all. He says things are great. They must be great.
durablend
(8,780 posts)Kept seeing it on the signs. In fact there's still those signs around. All these people who aren't seeing this are either blind or have TDS
B.See
(7,327 posts)Higher utility costs? Interest rates? Goods and services? etc? 'Move along. Nothing to see here.'