Is inflation cured? Half of California doesn’t think so
Cost of Living Concerns from US Census Bureau HPS The Perceived State of Inflation in California: 1. Persistent concerns: Despite the Federal Reserve's efforts to combat inflation, about half of Californians still experience significant stress related to price increases. 51% of Californians surveyed found recent price increases "very stressful" or "somewhat stressful." 2. Overall price increase: Since 2020, prices in California have grown about 20% overall, according to an analysis by the California Legislative Analyst's Office. 3. Disparate impact: The effects of inflation are not uniform across demographics: a. Lower-income households are more affected: 72% of Californians in households making $50,000 or less annually report significant inflation stress. b. Age differences: 57% of 18...