Results for - National survey shows where Americans are making cuts amid inflation

Americans are tightening their belts as the price of gas, food and most other goods and services hit a 40-year high. A new survey from New Jersey-based financial institution Provident Bank suggests Americans are cutting back on nonessential purchases, such as dining out and leisure travel, as they are now paying significantly more each month for essential items due to soaring inflation. - The Hill

1. Have you done any of the following due solely to inflation?

Cancelled travel
13%
198 votes
Changed travel plans
11%
172 votes
Quit smoking cigarettes
3%
46 votes
Started shopping at discount stores
19%
283 votes
Gotten a second job
2%
33 votes
Eat less meat
23%
339 votes
Eat out less
52%
773 votes
Not Applicable
35%
529 votes

2. Close to half, 46 percent, said they are using credit cards more or "much more" frequently on routine purchases compared to 2021. Are you using credit cards more than in 2021?

Yes
23%
343 votes
No
69%
1,037 votes
Undecided
8%
120 votes

3. The annual inflation rate increased from 8.3 percent in April to 8.6 percent in May. May's annual inflation marked the fastest yearly increase in prices since inflation hit 8.9 percent in December 1981. Do you think we will hit 8.9% before the end of the year?

Yes
36%
537 votes
Yes and surpass it
34%
505 votes
No
6%
95 votes
Undecided
24%
363 votes
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