Almost half of Americans said soaring prices created some form of financial hardship for their households, while 10% reported that they are experiencing “severe hardship,” according to a Gallup poll released Thursday.
As Americans enter a busy holiday season, 45% of consumers reported hardship at the hands of the recent surge in inflation, according to a Gallup poll. Roughly 35% of respondents reported “moderate” financial hardship in their homes and just 54% reported “no hardship” at all.
Lower-income households suffered the most, according to the pole, with over 70% of respondents earning less than $40,000 a year saying price hikes have negatively impacted their families.
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