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Texans sees the state's economic growth as good, but feels a higher price pinch

Texas people value the state's economy more than Americans value the whole country, and about Texas Is almost optimistic. They are more than about the national economy. 

Texas sees the state's economic growth in a positive way. Two in three in Texas say that Texas is improving as new businesses move to Texas and the state's construction, growth, and development progress. 

However, not everything is rosy in the Lone Star state. Their views on state economics are mixed — they are just right compared to the country's very low scores. And many Texas people aren't just worried about inflation and gas prices, they're reporting higher prices to cut spending, especially for low-income earners, as difficult as Americans as a whole. increase.

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Most Texans are optimistic about the family's economic situation, but there are clear concerns about the effects of inflation. Texas people spare it. They are pessimistic about the cost of goods and services. In most cases, higher prices are affecting their lives, especially gas prices are difficult, and lower-income Texas people say they are affected in disproportionate numbers.

Optimism is alleviated by concerns about inflation, especially the cost of gas.

Gas prices and inflation are at the top of the list of key issues, just before the economy as a whole, and above gun policy and education. Therefore, while most Texans are optimistic about family finances, the majority are particularly pessimistic about the cost of goods and services.

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Gasoline prices have had a particularly widespread impact. Two-thirds of the Texans say the rise in gas prices facing Texas is financially difficult, with three in ten people financially difficult.

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Most Texas people personally feel a pinch — out of 10 7 people are reducing entertainment or other activities and travel and travel reduction. Most people also feel the impact on their daily activities. 57% are reducing groceries and groceries as a result of rising prices, and 68% say they drive less.

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Some Texas people are much worse. Half say they had to spend their savings to pay the bills, and third say they completely missed the payment of some bills.

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Low-income Texas people are most affected every day. Two-thirds of annual income of less than $ 50,000 had to cut food and groceries, and about half had to devote themselves to savings to pay invoices. This group is also more likely to have missed an invoice payment than a high-income family.

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This CBS News / YouGov survey is a state-wide representative sample of 1,075 U.S. adult residents in Texas from 22 to 27 June 2022. Was carried out using. Represents state-wide adults by gender, age, race, education, and geographic region, based on the current Census Census and the 2020 Presidential Vote. The margin of error is ± 4.7 points for the entire sample.

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    By:
  • Economy
  • Poll
  • Texas
  • Gas Price
  • Inflation
Anthony Salvant
Anthony Salvanto

Anthony Salvant, Ph.D. Is Director of Elections and Research at CBS News. He oversees all race-wide votes across the country, state, and parliament, and leads the CBS News Decision Desk, which estimates election night outcomes. He is the author of "Where Did You Get This Number: A Pollster's Guide to Make Sense of the World" by Simon & Schuster (a division of Viacom CBS) and is a regular on all CBS News. It is posted on. platform. His academic research and writing covers topics on polling methodologies, voting behavior, and sampling techniques.

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