American have never been more negative about the economy CNBC survey finds

1 year ago
23

Inflation Concerns: One of the foremost issues contributing to the negative outlook is the surge in inflation. Americans are feeling the pinch of rising prices on everyday goods and services, from groceries to fuel. This inflationary pressure erodes the purchasing power of households and raises concerns about financial stability.Supply Chain Disruptions: The ongoing disruptions in global supply chains have not gone unnoticed by the American public.

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Housing Market Challenges: The housing market has witnessed skyrocketing prices in many parts of the country, making homeownership increasingly unattainable for many Americans. This real estate market volatility adds to the economic worries of individuals and families.National Debt and Fiscal Policy: Some respondents expressed concern about the growing national debt and the ability of the government to manage its fiscal responsibilities. Worries about the long-term economic consequences of massive government spending have contributed to negativity.

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