60%

of American households said in 2014 they'd had a financial shock in the previous year

Source: Pew Charitable Trusts
Question: Respondents were asked: "In the past 12 months, please tell us if any of the following happened to your household:"
Response Options: A person in the household brought in less income than expected due to unemployment, a pay cut, or reduced hours; Someone in the household suffered an illness or injury requiring a trip to the hospital; Someone in the household divorced, separated, or was widowed from a spouse or partner; A car, truck, or SUV needed a major repair or replacement; The place you live or appliances needed major repair or replacement; or If your household had some other large, unexpected expense in the past year, please describe it.
Additional Information: A financial shock would be a job loss, major illness, divorce, death, or unexpected home or vehicle repair.

Continue Exploring

Learn more about Americans today: Financial Crises, Expenses

Around the Site

  • Test your knowledge on the differences among America's generations.

    How Well Do You Know Each Generation?

    Test your knowledge on the differences among America's generations.

  • As more Americans exercise, some are making it part of their daily grind

    Keep on Moving

    As more Americans exercise, some are making it part of their daily grind

  • While America remains a devout country, the share of the religiously unaffiliated is growing

    How Religious Are Americans?

    While America remains a devout country, the share of the religiously unaffiliated is growing

EXPLORE OUR FASCINATING FACTS

EXPLORE OUR FACTS