Record 69% of public holds negative views about economy

The latest CNBC All-America Economic Survey reveals that Americans have become increasingly pessimistic about the economy due to persistent inflation, higher interest rates, and recession concerns.

This sentiment is at an all-time high, with a record-breaking 69% of the population holding negative views about the economy, both in the present and future.

The survey, which included 1,000 individuals from across the country and had a margin of error of +/-3.1%, also found that approximately two-thirds of Americans believe that their wages are not keeping up with inflation, and an equal percentage think that the country is either already in a recession or on its way to one.

This negative outlook is having a direct impact on President Joe Biden’s approval rating.

"Public pessimism on the economy hits a new high, CNBC survey shows"
READ MORE: https://www.cnbc.com/2023/04/18/public-pessimism-on-the-economy-hits-a-new-high-cnbc-survey-shows.html

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