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Fortune
Fortune
Alicia Adamczyk

Americans are feeling the worst about their money since the Great Recession

Senior woman frustrated while looking at receipt from grocery store. Rise in price of products concept. Buying consumer goods during inflation. Wisely planning family budget and managing expenses. Facing economic downturn, copy space (Credit: Natalia Gdovskaia—Getty Images)

Inflation has taken quite a toll. Half of Americans say their personal financial situations are worse now than they were a year ago, more than at any time since the Great Recession.

That's according to a Gallup survey released Wednesday, which asked 1,011 adults in the U.S. about their past and future finances. Not only is this the first time since 2008 and 2009 that at least 50% of Americans report feeling worse off financially than they were a year ago, it is the only time aside from those two years that that many have responded negatively since Gallup first starting asking that question in 1976.

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