Summary
A new poll shows that 57% of Americans believe the U.S. economy is worsening, the highest in over a year. Concerns about inflation, a government shutdown, and economic policies contribute to this sentiment. The poll's results could influence upcoming political decisions and elections.
Key Facts
- 57% of Americans think the economy is getting worse, according to a recent poll.
- 18% believe the economy is improving, while 21% feel it's about the same.
- This high level of economic concern is similar to that in May 2024.
- The poll surveyed 1,622 people between October 10 and October 13, with a 3.5% margin of error.
- Inflation, job concerns, and health care are top issues for Americans right now.
- The federal government shutdown, starting October 1, has heightened economic worries.
- Treasury Secretary Scott Bessent noted the shutdown is affecting the real economy and people's lives.
- A trade war with China and ongoing economic issues are affecting consumer confidence and market stability.
