Public’s Positive Economic Ratings Slip; Inflation Still Widely Viewed as Major Problem

Majorities in both parties remain fearful about the state of the country

from Pew Research Center

Inflation may be cooling, but it continues to loom large over Americans’ evaluations of the country and the economy.

Today, 23% of U.S. adults say the economy is in excellent or good shape, down from 28% in January but higher than the 19% who rated the economy positively last April.

– The recent negative slide in economic ratings has mainly taken place among Democrats and those who lean to the Democratic Party: 37% rate the economy positively today, down from 44% in January (but up from 28% last spring).

– Republicans and Republican leaners’ views are little changed over this period – only one-in-ten rate the economy positively.

The public again sees inflation as one of the top problems facing the nation, with 62% saying inflation is a very big problem for the country – only slightly down from the 65% who said this last year.

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