The rising costs of health care, child care, and groceries are putting more pressure on families.
“How can you know what your financial situation is going to look like in a month?” said one expert.
“I actually did have to drop down my hours,” said Julie Yang, a nurse and a mother of six. “Now I'm feeling kind of anxious about it.”
“I want a house so badly,” said Ashley Ayala of Texas. “But for work, I travel three weeks out of the month... It is very hard for me to justify the largest purchase of my life when I am only home one week a month.”
Their spending has been strong through the pandemic and inflation. But it doesn’t mean they’re not worried about the economy.
Prices have gone up nearly 30% in the last decade. And big families are feeling the strain.
Inflation has made life more expensive. But young adults don't exactly know what things used to cost.
"Who knows what's going to happen next?" said one soon-to-be retiree. "It's not like we're 30 and we can recoup."
Even high earners feel sour about price inflation and the rising cost of housing.
For many millennials, the answer has an overwhelming impact on how they feel about the economy.