As inflation rises, more than 40 percent say they struggle to pay for basic necessities: Pew
Most Americans say they have cut back spending, and 53% lack emergency savings that would cover three months of expenses, the survey found.
- A new Pew Research Center survey found 44 percent of Americans struggled to pay for basic necessities over the past year, while 60 percent report lacking sufficient income to lead their desired life.
- Inflation continues to pressure household budgets, with the Consumer Price Index rising 0.6 percent from August to September and year-over-year prices increasing 3.7 percent.
- High energy costs drive significant public anxiety, with 74 percent of Americans expressing concern over gasoline prices that reached $4.333 per gallon, a 47 percent increase over the past seven months.
- President Donald Trump claimed "prices are coming down very fast" earlier this week, yet 65 percent of Americans say his economic policies have made conditions worse.
- As voters look toward November elections, economic concerns rank as a top priority, with 70 percent of Americans reporting they have cut back on "extras" while lacking sufficient emergency savings.
5 Articles
5 Articles
As inflation rises, more than 40 percent say they struggle to pay for basic necessities: Pew
Over four in ten Americans said they are struggling to afford basic living costs amid rising inflation levels in the country, according to polling data released Wednesday. The Pew Research surveys, which were conducted in late July and August, found that 44 percent of U.S. adults reported struggling to pay for basic necessities like medical care, rent or mortgage, transportation or food.
44% Of Americans Have Trouble Paying For Basic Necessities And The Lifetime Cost Of The American Dream Has Risen To $5.3 Million
How did we get to a point where nearly half of the entire population is struggling to even pay for the most basic necessities? A lot of people talk about "economic collapse" as something that
Nearly Half of Americans Struggle to Afford Basic Necessities as Cost of Living Soars
Americans are growing markedly more alarmed by the soaring costs of everyday essentials just weeks before the midterm elections, with gasoline and energy prices now dominating public anxiety. The survey of 5,062 U.S. adults, conducted from September 28 to October 4, found that 74 percent of Americans are very concerned about the price of gasoline […]
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- 40% of the sources are Center, 40% of the sources lean Right
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