97% of Consumers Fear Gas Prices as 65% Cut Nonessential Trips
Updated
Updated · Auto Service World · Jun 19
97% of Consumers Fear Gas Prices as 65% Cut Nonessential Trips
1 articles · Updated · Auto Service World · Jun 19
Summary
Reach3 Insights found consumers are shifting daily routines under sustained cost pressure, with 65% cutting nonessential trips, 61% driving less and 57% planning errands more carefully.
97% said they are concerned about rising gas prices, but grocery costs ranked as the biggest financial strain for 66% of respondents, ahead of energy, dining out and transportation.
78% reported negative feelings about the economy and nearly half were pessimistic about the future, with frustration and stress cited most often.
More than one-third are watching subscription costs more closely, and nearly half have considered canceling video streaming services as they trim recurring expenses.
The survey suggests consumers have moved from short-term reactions to lasting behavior changes, while expecting brands to explain price increases clearly rather than hide added costs.