Inflation and recession are top financial concerns
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Posted On: 01/14/2024 8:03:58 AM
Inflation and recession are top financial concerns for most people
Not surprisingly, inflation (51%) and recession (26%) came in as people’s top financial concerns this year. Interestingly, coming in at #3 is an issue that has receded somewhat from the news cycle – gas prices (24%).
Gen Z agrees that inflation (38%) is the top financial concern. More than six in 10 (61%) of America’s youngest adults believe inflation will increase this year, with only 15% saying it will decrease. However, they say their next greatest financial worries are gas prices (26%), climate change (22%) and job stability (21%).
Not surprisingly, inflation (51%) and recession (26%) came in as people’s top financial concerns this year. Interestingly, coming in at #3 is an issue that has receded somewhat from the news cycle – gas prices (24%).
Gen Z agrees that inflation (38%) is the top financial concern. More than six in 10 (61%) of America’s youngest adults believe inflation will increase this year, with only 15% saying it will decrease. However, they say their next greatest financial worries are gas prices (26%), climate change (22%) and job stability (21%).
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