Hispanic Floridians Express Deep Concerns Over Inflation and Economic Policies
The survey findings indicate that inflation is a major concern for Hispanic Floridians over 18, ranking as the top economic issue in their households and a significant factor in their voting decisions. Most respondents have felt its impact on their ability to afford necessities, leading them to adjust spending and seek additional income. While some are aware of recent federal efforts to curb inflation, skepticism about their effectiveness remains.
Main results:
What is the most pressing economic issue facing your household today?
- Inflation: 50.1%
- Housing affordability: 18.8%
- Job opportunities: 12.3%
- Health insurance costs: 7.5%
In the context of the last election, respondents were asked which issue was most important as they headed to the polls last year.
- Inflation: 24.7%
- Jobs and the economy: 20.5%
- Housing affordability: 12.3%
- Other issues (e.g., immigration, crime, healthcare) ranging from 2.1% to 9.6%
Respondents shared their perceptions of the U.S. economy:
- Current state:
- Very positive: 7.9%
- Somewhat positive: 16.6%
- Neutral: 24.0%
- Somewhat negative: 30.4%
- Very negative: 20.1%
- Future state:
- Very positive: 12.3%
- Somewhat positive: 24.8%
- Neutral: 23.0%
- Somewhat negative: 23.2%
- Very negative: 13.4%
The survey reveals a high level of concern about inflation:
- Concern for 2025:
- Very concerned: 60.4%
- Somewhat concerned: 30.8%
- Not concerned: 7.4%
- Impact on affording basic necessities:
- Yes, significantly: 47.5%
- Yes, somewhat: 37.7%
- Not really: 11.0%
- Not at all: 3.0%
When coping with rising inflation, respondents reported several strategies:
- Cutting back on discretionary spending: 41.8%
- Buying cheaper or generic brands: 23.6%
- Working extra hours or taking a second job: 12.8%
- Delaying major purchases: 8.5%
- Other strategies (e.g., relying on credit or seeking government assistance) were less common.
Regarding awareness of the federal government’s recent memorandum on inflation:
- Very familiar: 12.2%
- Somewhat familiar: 32.9%
- Not very familiar: 33.1%
- Not familiar at all: 19.7%
In terms of perceived effectiveness of current government policies to address inflation:
- Yes, very effectively: 10.7%
- Somewhat effectively: 22.9%
- Not very effectively: 31.8%
- Not at all effectively: 19.9%
- Unsure: 13.2%
Methodology:
The survey was administered using an online data collection using REP DATA. There were 462 respondents among Floridans who identified as Hispanic sampled between February 7 and Feb 12, 2025 with a margin of error of +/-4.51 percentage points. Data was weighted based on gender, age, and education.