One Third Of Inflation-Ravaged U.S. Households Are Skipping Meals Or Cutting Portion Sizes

One-third of households skip meals or reduce portions, and nearly two-thirds would struggle to raise $400 quickly, according to a survey of months of runaway inflation hurting everyday Americans.

Consumer data firm Dunnhumby says shoppers are increasingly feeling the pain of rising supermarket prices, which many respondents said were much higher than the official 13.5 percent rate recorded by the Bureau of Labor Statistics.

Food insecurity is on the rise across the country, researchers found, with 18 percent of the roughly 2,000 study participants saying they weren’t getting enough to eat.

Another 31 percent of households skipped or reduced meals in the past year because their cupboards were empty — a 5 percent increase since the last time they were asked in May and June.

Millions of Americans also lack a financial safety net, researchers found. About 64 percent said they wouldn’t be able to raise $400 in no time — a 4 percent increase from five months ago.

The results differed between states that participated in the study. Only 42 percent of Wisconsin residents said they would struggle to get the money together quickly, compared to 77 of people in Louisiana and Oklahoma……More Here

Click here for reuse options!
Copyright 2022 Hiram's 1555 Blog