Summary
Google searches for "bankruptcy lawyer" in the U.S. reached their highest level since 2004, as more Americans struggle to meet minimum debt payments. A survey also showed that fewer people believe they will be better off financially next year. President Donald Trump's handling of the economy received low approval ratings in a recent poll.
Key Facts
- Searches for "bankruptcy lawyer" in the U.S. peaked in June and rose again in November.
- The probability of people not making minimum debt payments increased from 12.6% in September to 13.7% in November.
- Only 4% of Americans expect to be "much better off" financially next year.
- President Trump received a 31% approval rating for his economic management in a December poll.
- 68% of surveyed U.S. adults believe the economy is "poor."
- The AP-NORC poll was conducted with 1,146 adults and has a margin of error of ±4 percentage points.
- President Trump thinks he has improved the economy, claiming energy prices decreased under his leadership.
