This is self-reported, but it matches the general financial trend. We're seeing oil prices drop, not because supply has risen, but because demand has fallen. High cost of fuel, food, housing and many other items are causing people to change spending habits. During the busiest part of the travel season, people are staying home. At the same time, some things are less price elastic and less impacted by inflation. Clothing and electronics have generally remained unchanged, while food, transportation, and travel have skyrocketed.

People aren't living their lives because it's too expensive.