Californians Gloomy on Economy as High Inflation Erodes Finances
• Californians are pessimistic about the state's economy due to high inflation and prices • 2/3 of Californians believe the economy will be worse next year than now • Californians don't feel good about their personal finances in the next 6 months • Price inflation in CA is up 19% since before the pandemic, making it harder for people to get ahead • 75% of Californians are less comfortable making large purchases now than 6 months ago