Economy is Already Collapsing, Majority of Americans Believe

Posted on AllSides June 18th, 2022
From The Center
Spencer Platt/Getty

More than half of Americans think the U.S. has already entered a recession, new polling shows.

The latest IBD/TIPP Economic Optimism Index published on Friday found that 53 percent of Americans think the economy has gone into a recession, and 25 percent say they're unsure. Only 20 percent believe the country is not in a recession.

Even amid uncertainty, concerns have dramatically risen over the last month. Back in May, less than half of Americans—48 percent—said the economy was in a downturn while 23 percent said the U.S. was not...

Read full story
Some content from this outlet may be limited or behind a paywall.


AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
See full bias rating for Newsweek
Learn about media bias

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right