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...

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