Why Americans Feel Gloomy About the Economy
Most remain glum despite falling inflation and low unemployment.
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Most remain glum despite falling inflation and low unemployment.
Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s. And the U.S. economy has repeatedly defied predictions of a coming recession. Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. The…
Most remain glum despite falling inflation and low unemployment.
Most remain glum despite falling inflation and low unemployment.
Deflation -- a widespread drop in prices -- typically makes people and companies reluctant to spend and therefore isn't desirable.