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Most American adults have cut spending this year, according to a new CNBC-Morning Consult survey, which also revealed that consumers plan to stay frugal through the holidays.

A whopping 92% of adults have cut back on discretionary spending over the past six months, CNBC found after polling 4,403 US adults last week.

Consumers were most skittish when shopping for clothes and dining out at restaurants — 63% and 62%, respectively.

The news site’s poll also showed that consumers at all income levels are feeling pinched by the economy. While labor strikes in Hollywood and Detroit provoke fresh uncertainty, inflation rose a surprisingly stiff 3.7% last month — still well above the Federal Reserve’s 2% target.

Fifty-five percent of lower-income households earning $50,000 or less annually told CNBC that their personal finances are suffering from the state of the US economy, while 61% of middle-income earners bringing in $50,000 to $100,000 are feeling the squeeze.

Even among the highest earners with annual incomes exceeding $100,000, 46% said they’re feeling the impact of the economy on their finances.

More than three-quarters of respondents, 76%, plan to cut back spending on non-essential items over the next six months, during retailers’ all-important holiday shopping season, while 62% said they plan on budgeting “sometimes” or “more often” in the upcoming months, CNBC found.

Meanwhile, 56% of surveyed respondents said they were spending less on entertainment outside the house despite reports of recent summer splurges on blockbuster movies and concert tours, namely Taylor Swifts sought-after Eras Tour, which is on track to amass a record-breaking $1 billion in sales, making it the highest-grossing tour ever.

Groceries saw the next-biggest budget reduction, with 54% of respondents saying they’re spending less at the supermarket, according to CNBC.

The results came just one week after the Bureau of Labor Statistics’ closely-watched Consumer Price Index showed that food prices rose 0.2% for the third consecutive month in August as the index for meats, poultry, fish, and eggs advanced 0.8%.

The index for pork edged 2.2% higher.

CNBC’s survey also showed that 53% of respondents will be cutting back on recreational travel spend, while 50% won’t be quick to splash out on electronics — a figure that could spell bad news for Apple, which is set to drop its “industry first” iPhone 15 on Sept. 22 for up to $899 depending on storage capacity.

The latest inflation numbers represent a stark slowdown from last summer when inflation hit a four-decade peak at 9.1%.

Still, it remains well above the Feds 2% goal and marks an acceleration from the previous two months.

In June, inflation bottomed out at 3%, and rose to 3.2% in July.

As Wall Street expected, rising gasoline costs were the main culprit of Augusts advance, ticking 10.6% higher last month and accounting for over half of the increase, the data showed.

As of Tuesday, the national average of a gallon of gas stood at $3.88, rising some eight cents in the span of a week, according to the American Automobile Association.

The most eye-watering prices were seen in some parts of California, where gas is running residents more than $6 in some parts of LA and as much as $7 in other parts of the state.

At this time last year, a gallon of gas was 18 cents cheaper nationally, AAA said.

And to make matters worse, relief doesnt appear to be on the horizon, at least not in the short term.

Chevron CEO Mike Wirth predicted that oil prices would get close to $100 a barrel.

Supply is tightening, inventories are drawing the trends would suggest, we are certainly on our way, we are getting close (to $100/bbl), Wirth, who heads the nations second largest energy producer, told Bloomberg TV on Monday.

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Yelich fuels rally, Brewers extend win streak to 13

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Yelich fuels rally, Brewers extend win streak to 13

CINCINNATI — Christian Yelich had two homers among his four hits and drove in five runs as the Milwaukee Brewers overcame a seven-run deficit to beat the Cincinnati Reds 10-8 Friday night for their club record-tying 13th straight victory.

The Brewers became the first team in 94 years to extend a double-digit win streak with a comeback win of seven or more runs, according to ESPN Research.

The Reds chased Brewers rookie Jacob Misiorowski – making his first start since July 28 – with a seven-run seventh inning to take an 8-1 lead.

Yelich homered leading off the second against Nick Martinez for Milwaukee’s first run. He had an RBI double in the third before Andrew Vaughn hit his 14th homer – a three-run shot – and Brice Turang‘s RBI double to cut it to 8-6. Yelich had a two-run single in the fourth to tie it at 8-all and then hit his 26th homer – a one-out, solo shot off Scott Barlow (6-1) in the sixth to give the Brewers the lead.

Yelich did his damage with a bat honoring the late Bob Uecker. It had the home run call of the former catcher and longtime Brewers’ announcer written on it.

This was also Yelich’s third career game with four hits and two home runs, tying Ryan Braun and Willy Adames for most in franchise history, according to ESPN Research.

Brandon Lockridge went 3 for 5 and doubled off Sam Moll with two outs in the seventh before scoring on a wild pitch for an insurance run.

Misiorowski loaded the bases with one out in the second on a hit batter and two walks and left after walking Spencer Steer to force in a run. Elly De La Cruz had the first hit in the inning – a two-run double off DL Hall for a 4-1 lead. Four straight singles increased the lead to 8-1.

Misiorowski was charged with five runs on four hits and three walks in 1 1/3 innings hours after coming off the injured list. Nick Mears (4-3) pitched a scoreless fifth. Trevor Megill struck out two in the ninth for his 29th save. Six relievers combined to retire the final 23 Reds in order.

Information from The Associated Press was used in this report.

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Slumping Dodgers lose 3B Muncy (oblique) to IL

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Slumping Dodgers lose 3B Muncy (oblique) to IL

LOS ANGELES — Third baseman Max Muncy was diagnosed with a Grade 1 oblique strain and landed on the injured list Friday, a major blow to a Los Angeles Dodgers team that finds itself fading in the standings.

Muncy was originally a late scratch from Wednesday’s lineup after feeling soreness in his right side during pregame batting practice. The Dodgers’ hope was that sitting out for the finale from Angel Stadium, then getting extra rest during the Thursday off day, would allow Muncy to return for a critical series against the division-rival San Diego Padres, who have taken a one-game lead in the National League West.

But Muncy will miss this weekend’s series from Dodger Stadium, as well as the following series from San Diego’s Petco Park next weekend.

“I don’t think anyone expects it to be season-ending,” Dodgers manager Dave Roberts said, “but hopefully it’s sooner than later.”

Roberts doesn’t believe the current oblique injury is as bad as the one that forced Muncy to miss about two months last year, but even in a best-case scenario, the Dodgers might be without their third baseman and left-handed power hitter until around mid-September.

Muncy got off to a bad start this year before turning it on in the middle of May, slashing .312/.438/.616 with 11 home runs in a stretch of 41 games. Muncy then injured his left knee during a scary collision at third base and wound up missing most of July. He returned Aug. 4, went 8-for-23 with four home runs over the course of eight games, and now he’s out again — at a time when the reigning World Series champs could really use some reinforcements.

The Dodgers held a nine-game lead in the NL West as of July 3 and have since gone 12-21 to fall a game back of a surging Padres team that arrived in L.A. on the heels of a five-game winning streak. As many as six high-leverage relievers reside on the Dodgers’ IL, though three of them — Michael Kopech, Kirby Yates and Tanner Scott — are nearing returns. The offense, meanwhile, has been mostly unproductive over the past six weeks, posting an 0.708 OPS that ranks 22nd in the major leagues.

During Muncy’s absence, the Dodgers will use Alex Freeland, a switch-hitting rookie who’s batting .176 in his first 12 games, and Buddy Kennedy, a right-handed-hitting journeyman with a career .193 batting average. Other potential reinforcements like Tommy Edman, Hyeseong Kim and Enrique Hernandez remain on the IL and aren’t close enough to a return.

“It’s certainly a tough loss,” Roberts said. “I think it’s just guys got to continue to perform to their abilities. It’s hard to kind of backfill Max, what he means, as far as the plate discipline, the slug, the on-base, all that stuff. I feel good about our lineup, the guys that we have, and they just have to go out there and take good at-bats. That’s all we can do right now.”

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Phils’ Duran takes liner off foot; X-rays negative

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Phils' Duran takes liner off foot; X-rays negative

WASHINGTON — Philadelphia Phillies closer Jhoan Duran was carted off the field after he took a comebacker off his right foot in the ninth inning of a 6-2 victory over the Washington Nationals on Friday night.

The Phillies said that initial X-rays were negative and that Duran would be evaluated further Saturday.

Pitching in a non-save situation after four days off, Duran began the ninth by facing Paul DeJong, who hit a sharp grounder to the mound on his fourth pitch. The ball deflected off Duran’s foot and into foul territory for a single.

Duran ran toward the ball but began limping as he approached the foul line. After a lengthy visit by team trainers, he took a seat in the Nationals’ bullpen cart and was driven off the field.

“He ran like a shot to retrieve the ball, and once he got there, I think the adrenaline wore off and the pain set in,” Thomson said. “But before the cart came out, he said, ‘I actually feel better, I think I can walk over to the dugout.’ But we got all these steps up here, so we just wanted to use the cart and take him all the way around, so he didn’t have to go up the steps.”

Acquired from Minnesota at the trade deadline, Duran is 4-for-4 in save opportunities with the Phillies.

The Associated Press contributed to this report.

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