US Households Struggle to Save in Inflationary Economy

A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, Queens, in New York City, on Mar. 27, 2010. Jessica Rinaldi/Reuters

U.S. households are increasingly struggling to save money as a near-record level of inflation continues to affect Americans, according to a new report.

According to Morning Consult’s Household Finances & Spending survey in July, the share of adults who had money left over after paying monthly expenses declined across all income categories.