Costly groceries impact
Maru Public Opinion released the results today of a survey conducted for the American City Business Journals (ACBJ) that reveals the meat and potatoes impact of the sharply rising cost of living across the US: a majority (59%) of Americans who say the cost of groceries is rising so much they’re having to cut back to just the necessities and half (51%) indicate they are having to buy less food nowadays for their family because prices are increasing faster than their income.
In fact, the rise in the cost of living is witnessed by the fact that half (51%) of Americans say they’ve really cut back on purchasing red meat because of the high price, not because they are avoiding it, and even four-in-ten (37%) admit to searching out meat with an in-store percentage discount sticker because its “best before date” expires that day.