faces of worried people When asked about how confident they are about their own economic situation, two thirds of people are only “somewhat” confident—they can manage their bills comfortably enough. (Photo: Shutterstock)

For many Americans, the American dream is receding into the distance as worries about the possibility of recession in the next year loom.

According to new data from CUNA Mutual Group, while just six months ago survey respondents graded themselves at B minus when asked to evaluate their prospects for achieving the American dream, that’s now fallen to a C.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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