The following is an excerpt from Gallup.
With inflation in the US at its highest point since 1982, Americans' confidence in the economy has dropped to where it was in April 2020, when nationwide shutdowns brought on by the COVID-19 pandemic plunged the nation into a recession.
As 2021 comes to a close, morale is low in the U.S. Covid-19 continues to rage on, perceptions of the U.S. economy have worsened, Biden's job approval rating is slumping, and Americans' overall satisfaction with the direction of the country is low.
The percentage of US adults who cite any economic concern as the country's most important problem has edged up three percentage points to 29%, the highest level in about five years.
In the latest Gallup poll, conducted Dec. 1-16, more than four in five U.S. adults rate current economic conditions in the country as only fair (40%) or poor (42%), and 67% say the economy is getting worse.
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