Widespread pessimism is growing across the U.S., with new national polls showing most Americans believe the economy is worsening and everyday costs remain a major burden.
Economic Confidence Drops
Recent surveys from Gallup, Fox News, Marquette Law School, and CNBC reveal a sharp decline in public sentiment:
- Nearly 3 in 4 Americans (73%) say the economy is getting worse.
- 47% rate current conditions as “poor,” a noticeable increase from March.
- Gallup’s Economic Confidence Index fell to -38, its lowest level since late 2023.
At the same time, 70% of voters in a Fox News poll say economic conditions are deteriorating—matching record highs for pessimism seen in recent years.
Inflation and High Prices Drive Concerns
Rising costs remain a central issue for households:
- 82% report higher grocery prices in the past six months.
- 93% say gas prices have increased, a dramatic spike from earlier this year.
- Majorities call food, gas, healthcare, and housing costs serious financial problems.
Seven in ten Americans also expect inflation to rise further over the next year, reflecting ongoing uncertainty.
Personal Finances Under Pressure
Many Americans say their own financial situations are strained:
- 6 in 10 rate their finances as “fair” or “poor.”
- Only 20% feel better off than a year ago.
To cope, households are cutting back—reducing travel, dining, and entertainment, while some are relying more on credit for essentials.
Mixed Views on Leadership
Polls show most voters attribute economic struggles to President Donald Trump’s policies, with more saying his actions are hurting rather than helping the economy. Approval ratings on economic management remain low, with about two-thirds disapproving.
However, opinions differ sharply along political lines, particularly among Republican voters.
Broader Economic Anxiety
Beyond prices, Americans are also uneasy about the job market and investing:
- 63% say it’s a bad time to find a job.
- A slight majority believe now is a poor time to invest in stocks, despite market highs.
Bottom Line
Across multiple polls, the message is consistent: Americans are feeling squeezed by high prices and uncertain about the future, fueling widespread dissatisfaction with the economy in 2026.
For more on this story, stay tuned to Que Onda Magazine.