Food prices are the biggest concern for 53% of the US population
Americans' financial concerns have recently been focused primarily on rising food prices. According to a survey conducted by The Associated Press in conjunction with the National Opinion Research Center (AP-NORC), 53% of respondents named the cost of food as one of the most significant sources of financial stress.
The study, which involved 1,437 people and was conducted by phone and online from July 10 to 14, found that only 14% of respondents do not experience concern about food prices. At the same time, another 14% of Americans are forced to resort to "buy now, pay later" (BNPL) plans when making grocery purchases.
Housing costs are the second highest concern, deemed critical by 47% of respondents. This is followed by issues related to personal savings and earnings levels (43% each), the cost of medical services (42%), and credit card debt (29%).
Housing costs are the second highest concern, deemed critical by 47% of respondents. This is followed by issues related to personal savings and earnings levels (43% each), the cost of medical services (42%), and credit card debt (29%).
The overall picture shows that financial circumstances cause serious stress to the vast majority of Americans in one way or another – 75% of those surveyed.
