Study: Inflation, Ukraine drive “alarming” spike in UnitedStates tension

More than 80% of individuals in the U.S. state inflation, worldwide unpredictability and the war in Ukraine are substantial sources of tension, a survey by the American Psychological Association out Thursday discovers.

Why it matters: More individuals ranked inflation and the war as stressors than any other concern asked about giventhat the survey was veryfirst performed in 2007, per the APA, which explained the findings as “alarming.”

  • “Typically, our greatest levels of tension haveactually been in the mid 60s, so striking, for example, 87[%] for inflation as a source of tension is really astonishing,” psychologist Vaile Wright, senior director of health care development at the American Psychological Association, told NPR.

Background: The study, which was fielded by Harris Poll in early March, was an addendum to the APA’s routine Stress in America study carriedout in February.

By the numbers:

  • 87% of Americans stated they were worried by inflation.
  • 81% stated supply chain problems stressedout them.
  • 81% stated Global unpredictability.
  • 80% were worried by the Russian intrusion of Ukraine.
  • 80% were concerned by capacity retaliation from Russia.

Nearly two-thirds of participants stated the pandemic has permanently altered their life.

  • That number was considerably greater amongst Asian (69%) and Latino (67%) grownups than amongst whites (51%).

Methodology: The part of the survey was performed on March 1-3, 2022, amongst 2,051 grownups (age 18 and over) by The Harris Poll on behalf of the American Psychological Association. The sample information is precise to within 2.8 portion points.

Read More.

Free weekly Newsletter

A weekly breakdown of forecasts and trends

Enter your contact info to get The Financial Gambits VIP Newsletter for FREE.

We hate spam as much as you, if you dont like it just unsubscribe and we will never bother you again