Survey: 9 in 10 Young Americans Are Feeling Impact of Poor Economy

Nearly nine in 10 young adults say the poor economy impacts their daily life, according to a new survey.

Generation Opportunity, Arlington, Va., a non-partisan, non-profit organization that engages and mobilizes young Americans on important economic issues facing the nation, released this finding in a new poll of young people known as Millennials. The polling company, Inc./WomanTrend, conducted the nationwide online survey of 1,003 American adults, ages 18-29, in July.

Among the report’s key findings:

89% of young people ages 18-29 say the current state of the economy is impacting their day-to-day lives.

51% reduced their entertainment budget;

43% reduced their grocery/food budget;

43% cut back on gifts for friends and family;

40% skipped a vacation;

38% have driven less;

36% have taken active steps to reduce home energy costs;

32% tried to find an additional job;

27% sold personal items or property (cars, electronic appliances, or other possessions);