‘The Great Uncertainty’: Inflation Forces Consumers to Change Buying Habits

A customer pumps gas into their car at a gas station in Petaluma, Calif., on May 18, 2022. Justin Sullivan/Getty Images

Inflation continues to be the chief concern for U.S. consumers, and most Americans are taking action to manage their balance sheets, a new report from McKinsey found.

According to “The Great Uncertainty” report, 65 percent identify rising prices as their biggest worry, and 66 percent noted that they have taken steps to address growing expenses.