Half of Americans say runaway inflation and high living costs are taking a toll on their health, as millions turn to drink, junk food, and smoking more as worries mount over electricity and gas bills this winter. Research at Toluna, a consumer insights firm, found that 50 percent of those surveyed were feeling their health suffer as a result of the cost-of-living crisis, with inflation currently running above 8 percent according to the consumer price index. Among them, 37 percent said they were feeling more stressed, 21 percent said they were eating less healthily, 16 percent said they were smoking more, and 13 percent were boozing more often. The survey of 1,000 people comes as inflation, crime and immigration are at the front of voters' minds ahead of the November 8 midterm elections, which will decide whether Republicans or Democrats control Congress.
Cigarettes, alcohol and junk food are among the bad habits Americans are turning too as they worry about inflation and rising energy prices this winter
A projection by Bloomberg this week said the US economy was 100 percent likely to plunge into a recession within the next year.
Previously, economists had only estimated a 60 percent likelihood of a recession. 'As we move further into the cost-of-living crisis, the impact of it is starting to show,' said Matt Booth, a researcher on the survey. 'It's affecting everything from our personal health, to how we plan our grocery shopping, and where we're cutting back to save money.' Nearly three quarters of Americans said they were worried by the rising costs of electricity and gas, the poll showed, as consumers faced steep increases in prices heating oil, propane and other fuels in the coming colder months. Nearly two thirds of those surveyed said the energy crisis and the rising cost of living were affecting their spending plans.
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