Wall Street

More Than Half Of Americans Say Their Standard Of Living Is Declining Due To Inflation: Survey

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Knewz

By David Wetzel New York (Knewz) — The standard of living for more than half of Americans is declining, according to a new survey. The survey, by Personal Capital and Empower survey, fielded by The Harris Poll, found that 56 percent of Americans say their daily lives are worsening amid inflation and recession fears. Overall, 85 percent of respondents are concerned about inflation, and 74 percent are worried about a coming recession, causing the standard of living for many to lower. The concern is showing in people’s spending, savings and investing, the survey found. “It is human nature to comp…

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