NewsLocal News

Actions

IT'S YOUR MONEY: Americans plan to change spending habits

A recent survey found nearly 9 in 10 Americans plans to change their spending habits in the next month, due to concerns of tariffs.
Consumer Spending
Posted

As uncertainty about tariffs from the Trump administration continues, more and more Americans say they’re making changes and anticipating higher prices.

A recent survey from NerdWallet, found 85% of Americans have concerns about tariffs.

Americans Plan To Change Spending Habits

Among the top two concerns among consumers, 46% said they’re concerned about the costs of everyday necessities and 45% worry about tariffs causing a recession.

The same survey, which included more than 2,000 responses, found 87% of Americans plan to change their financial strategy in the next 12 months because of tariffs.