Americans are feeling the pinch of higher gas prices and are not expecting relief anytime soon, according to the CNBC All-America Economic Survey.
The nationwide survey of 1,000 people found nearly 80% have changed their spending habits in response to pain at the pump. The poll was conducted from April 15 to 19 and has a margin of error of 3.1%.
More than 50% believe the increase in gas prices will last six months or longer. Pump prices have surged more than 30% to top $4 per gallon since the U.S. and Israel attacked Iran on Feb. 28, according to AAA.
About 60% of respondents have cut back on entertainment like eating out, movies and concerts to save money. More than 50% plan to travel less.
Around 40% are spending less on essential items like groceries and medical care. Some 30% are relying on their credit cards more.
