Rasmussen Report: Americans driving less, reducing spending because of high prices

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It’s not just in Alaska: Soaring fuel prices have caused a majority of Americans to drive less and reduce spending in other areas of their lives, according to a national telephone and online survey by Rasmussen Reports.

The survey found 81 percent of American Adults say rising gasoline prices are a serious problem for their personal budget, including 56% who say higher gas prices are a very serious problem.

Only 18 percent don’t consider the rising cost of gasoline a serious problem for their budget.

The survey of 1,000 Americans was conducted March 9-10. Those who identify as Republicans are more likely to say that rising gas prices are a very serious problem for their personal budget (68%). Fewer Democrats (47%) said that rising prices are a serious problem for their budget.

Republicans and black adults also were more likely to say rising gas prices are a very serious problem, (68 and 63% respectively). Whites and Democrats were less concerned, (57 and 47% respectively).

Fifty-nine percent of those surveyed are driving less because of rising gasoline prices, while 39% haven’t cut back on driving.

Sixty-one percent say the rising price of gasoline has caused them to reduce spending on other purchases or activities, while 35% have not reduced other spending. Also, more private sector workers (59%) than government employees (48%) said rising gas prices are a very serious problem for their personal budget.

Among those who say rising gasoline prices are a very serious problem for their budget, 75% are driving less. Among those who are driving less, 84% have also reduced spending on other purchases or activities because of higher gas prices.

This story first appeared in Rasmussen Reports. To see survey question wording, click here.

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    Suzanne Downing founded Must Read Alaska and served as its editor for many years. Her prolific writing spans nearly every topic meaningful to Alaskans. Before founding Must Read Alaska, she served as editor of the Juneau Empire and as a speechwriter for Governor Sean Parnell.

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