Many fewer Americans now than a year ago rate their financial situation positively and more say their finances are getting worse than say they are improving. A record-high percentage mention inflation as the biggest financial problem facing their family. Meanwhile, about half say recent gas price increases have caused hardship for their family, well below what Gallup has measured during other times of rising fuel prices. The subdued reaction to gas price hikes may reflect that Americans expect those changes to be temporary rather than permanent. CONTINUED
Jeffrey M. Jones, Gallup
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