A recent Gallup survey found that 67% of Americans say high gas prices have put financial pressure on their households, with 17% describing the strain as severe. The survey, conducted between June 1 and June 15, polled a random sample of 1,001 adults in U.S. states and Washington, D.C.
Impact on Households
The survey found that gas prices are affecting Americans across income brackets, but the impact is felt most acutely at the lower end of the income scale. Among Americans earning less than $50,000 a year, 77% said gas prices have caused hardship, and 28% called the hardship severe.
Driving habits have also shifted as a result of high gas prices. Gallup found that 73% of lower-income Americans said they were driving less because of gas prices, compared with 50% of middle-income adults and 53% of upper-income adults.
Economic Outlook
Despite the pressure from energy costs and inflation, Americans’ overall view of the economy improved modestly in June, according to Gallup. The share of respondents rating current economic conditions as “poor” fell to 45% in June from 49% in May.
Original reporting: The Dallas Express — read the source article.