Photo courtesy of DepositPhotos In 2022, Americans are dealing with the worst inflation in over 40 years, with the year-over-year inflation rate at 9.1% in June. Inflation is growing more quickly in some places than others, though. In order to determine the cities where inflation is growing the most – and thus is the biggest problem
Consumers struggling with skyrocketing prices for food, gas, autos and rent got a tantalizing hint of relief last month, when prices didn’t budge at all from June after 25 straight months of increases. With gas prices continuing to fall, inflation is probably slowing further this month. So has the worst bout of inflation in four
If your household is impacted by inflation, you might want to have a word with your elected officials. A new report from the American Consumer Institute (ACI) ‘s Center for Citizen Research says excessive spending, regulations, and restrictions on domestic energy production have driven up prices for consumers and businesses. “The combination of increased spending, energy shortages,
41% of Arizona adults have skipped or missed meals this year. This equates to 2,294,278 people. Inflation has peaked to a 40–year high, leading to an overall 12% surge in the cost of groceries in the food-at-home sector, as compared to May last year. From May 2021 to May 2022, this includes a 32.2% increase in the price of eggs;
Rising Inflation is Costing a Majority of Arizonans at Least $200 Monthly A new survey commissioned by September Group, LLC and conducted by OH Predictive Insights measured the impact of inflation on the monthly budgets of Arizonans. According to the latest Arizona Public Opinion Pulse (AZPOP) Survey, 63% of Arizonans have seen a monthly spending increase of $200. This
Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters. Economists are divided over whether a recession is looming. What’s clear is that economic uncertainty isn’t going away anytime soon. But there are steps you
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