Overview

• The U.S. economy has shown resilience with GDP growth, low unemployment, and a significant drop in inflation, nearing the Federal Reserve's target.
• Economists give high marks to the current economic performance, yet 6 in 10 Americans rate the economy as 'fairly bad' or 'very bad.'
• Persistent high prices for essentials like groceries and housing contribute to public dissatisfaction, despite inflation decreasing to a three-year low.
• Income inequality and political polarization significantly influence public perception, with Republicans more likely to view the economy negatively.
• While stock markets reach record highs, the benefits are unevenly distributed, leaving many Americans feeling economically disadvantaged.