China Daily, June 27. According to a report on the US Capitol Hill website on the 26th, CBS News and the Internet data analysis company YouGov conducted a survey among 2,265 American adults. The results showed that 3/4 of Americans think the current economic situation in the United States is quite bad, even very bad, and most are worried about their ability to pay for daily expenses.
Capitol Hill website report screenshot
The share of Americans who think the U.S. economy is in pretty bad or worse shape has been rising over the past two months, from 63% in April to rising in this latest survey To 75%. The
survey also showed that Republicans people surveyed were more likely to have a negative view of the U.S. economy. Only 9% thought the U.S. economy was at least pretty good, while among Democrats and independents, the proportions were respectively for 36% and 20%.
reports that this pessimism comes on the heels of increasing inflation . The annual U.S. inflation rate reached 8.6% in May, the highest level in 40 years and exceeding economists' expectations. Rising oil prices, food and housing costs largely contributed to May's rise in inflation. Inflation has had a serious negative impact on the daily lives of the American people, the stock market, etc. A survey by
shows that rising prices have left many Americans unsure about whether they can retire, take a vacation, or even afford daily necessities. One-third of the respondents said they were very worried about their ability to afford basic goods and services, and 32% said they were somewhat worried. 73% expressed at least some concern about their ability to save money. Only 10% of people are very confident about their retirement plans, while 41% are worried about it.
The Federal Reserve has responded to inflation by rapidly raising interest rates, but nearly half of respondents said they expect the U.S. economy to slip into recession next year. While top Fed officials and the Biden administration have tried to downplay concerns about a recession, saying it's possible to "cool" demand without triggering a major recession, a growing number of economists are increasingly concerned about a so-called "soft landing." doubtful about the possibility.
Former U.S. Treasury Secretary Larry Summers (Larry Summers) has said that the United States may have an economic recession. Goldman Sachs (Goldman Sachs) analysts last week doubled their estimate of the probability of a U.S. recession to 30%, JPMorgan Chase (JPMorgan) CEO Jamie Dimon ( Jamie Dimon) 6 Earlier this month, it warned that an economic "hurricane" might occur in the United States.
This new survey shows that 44% of respondents believe that the U.S. economic recession will occur next year, and another 25% believe that economic development will slow down. Only 13% think the U.S. economy will prosper or grow next year, and 18% think the U.S. economy will remain stable.
(Compiler: Ma Rui Editor: Gao Linlin)
Source: China Daily website
