Most Americans Now Say , They Are Feeling the Effects of Inflation.<br />NBC News reports that according to a Gallup survey released this week, 56% of Americans are experiencing financial hardship caused by inflation. .<br />Of that 56%, 12% described the effects as "severe," while 44% said they were "moderate.".<br />Factors ranging from the pandemic <br />to the war in Ukraine have caused gas, <br />food and housing prices to skyrocket. .<br />Factors ranging from the pandemic <br />to the war in Ukraine have caused gas, <br />food and housing prices to skyrocket. .<br />Factors ranging from the pandemic <br />to the war in Ukraine have caused gas, <br />food and housing prices to skyrocket. .<br />63% of middle-income households, those that make $48,000-$89,000 a year, are struggling.<br />40% of upper-income Americans <br />reported financial hardships as well.<br />To cope with increased prices, 24% of respondents said they've cut spending.<br />17% are traveling and driving less <br />and canceling vacations.<br />12% have switched to purchasing <br />generic goods, and 10% are eating out less.<br />12% have switched to purchasing <br />generic goods, and 10% are eating out less.<br />Only 7% said they were trying to offset expenses by working more hours or finding new or second jobs. .<br />Last month, a survey released by the Federal Reserve Bank of New York found that Americans wouldn't take less than $72,873 in annual wages to start a new job.<br />Before the pandemic, that figure was $61,700
