Americans' economic outlook a bit more pessimistic, CBS News poll finds
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Americans' outlook for the economy is mixed and has grown a bit more pessimistic since last month, with relatively more expecting a slowdown or recession over the next year. Ratings of today's economy are unchanged overall and continue to be negative, much as they have been for years going back to the pandemic. Prices continue to weigh on finances: most say they're still rising, and they continue to be the main driver in how Americans are evaluating the economy.
AI Summary
Main Idea: Americans are feeling a bit more pessimistic about the economy, with many expecting slower growth or a recession over the next year.
Key Points:
- Only about one-third of Americans now rate the economy as good, and that view has not changed much from last month.
- Prices are still the biggest reason people feel negative about the economy, far more than jobs, interest rates, or the stock market.
- More than half of Americans say they are doing at least fairly well personally, but lower-income households are much less likely to say that.
- Most Americans say their incomes are not keeping up with inflation, and many are worried about saving enough for retirement.
Impact on the People
Negative Impact
Americans may spend more cautiously if they expect a slowdown, which can hurt retailers, small businesses, and job growth. Rising prices and weak income gains also keep many households under strain.
Positive Impact
No clear positive impact identified.
How did each entity affect people?
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- Primary:Americansperson
Candidate Entities2 candidates · 5 weighted vote min · 70% decision
- AmericanspersonPrimaryEvaluated
Primary subject of the article, referring to the public whose economic outlook and finances are being evaluated.
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The survey covers U.S. adults and the article is about national consumer sentiment in the United States.
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