# Inflation Is Squeezing American Households and Savings Are Taking the Hit Page: https://stenobird.com/podcast/everyday-economics-5552046/inflation-is-squeezing-american-households-and-savings-are-taking-the-hit Text version: https://stenobird.com/podcast/everyday-economics-5552046/inflation-is-squeezing-american-households-and-savings-are-taking-the-hit.md Podcast: [Everyday Economics](https://stenobird.com/podcast/everyday-economics-5552046) Published: 2026-08-26T20:00:00+00:00 Episode link: https://www.americastalking.com/ Audio file: https://afp-444292-injected.calisto.simplecastaudio.com/96b856a1-f65f-4dca-aaab-015f21c57dfc/episodes/b3aeb0e3-29cb-4348-bd14-b4fa585174e4/audio/128/default.mp3?aid=rss_feed&awCollectionId=96b856a1-f65f-4dca-aaab-015f21c57dfc&awEpisodeId=b3aeb0e3-29cb-4348-bd14-b4fa585174e4&feed=kKVDvBbd Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/everyday-economics-5552046/episodes/inflation-is-squeezing-american-households-and-savings-are-taking-the-hit Duration seconds: 508 ## Resource American households are feeling the squeeze as inflation continues to push up the cost of everyday life. New personal consumption expenditures data shows income is finally growing faster than spending, but consumers are still spending more than their inflation-adjusted incomes and drawing down savings to keep up. In this episode of Everyday Economics, Chris Krug and PhD economist Orphée break down what the latest economic data means for American families — from healthcare and groceries to housing, interest rates and big-ticket purchases. They also examine how government spending, energy costs, tariffs and higher interest rates are affecting consumers, why housing demand is weakening, and what could happen to the economy heading into the fall and next year. In this episode: • Inflation and the rising cost of living • Americans drawing down savings • Household income vs. spending • Housing demand and mortgage-sensitive spending • Government spending and interest rates • Energy and transportation costs • Tariffs and their potential economic impact • AI investment and economic growth • What consumers can do in a slowing economy Subscribe to The Center Square for more reporting and analysis on the economy, government spending and the issues affecting American taxpayers. #Inflation #Economy #Economics #CostOfLiving #Housing #GovernmentSpending #EverydayEconomics ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/everyday-economics-5552046/episodes/inflation-is-squeezing-american-households-and-savings-are-taking-the-hit/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/everyday-economics-5552046/inflation-is-squeezing-american-households-and-savings-are-taking-the-hit.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.