Bleak Holiday Ahead for Millions of Americans Seeing Income Drop

About 76 million Americans expect someone in their household to suffer a drop in income over the next few weeks, in a holiday season marked by the pending expiration of government benefits as well as new pandemic-related restrictions, according to the latest Census Bureau survey.

The figure, from the bureau’s regular Household Pulse study completed on Nov. 23, is up by almost 11 million compared with the late-August edition.