Six in 10 surveyed Americans cite rising living costs as a barrier to their goals

The Economic Times, citing a McKinsey Institute for Economic Mobility report based on a survey of 30,000 Americans, says 60% identified rising living costs as their biggest barrier to achieving their goals. Nine in ten said food and grocery expenses put pressure on household finances. The report says affordability pressures can make people hesitant to change jobs, pursue education or make long-term investments.