Americans say they are struggling with the rising cost of everyday products in stores and the overall cost of living.
WHY IT MATTERS – The White House has tried to paint a rosy image of the economy, but so far voters aren’t buying it.
FINANCIAL STRUGGLES – A recent Scott Rasmussen survey revealed:
- 41 percent of voters say their finances are worsening.
- 23 percent say they are getting better.
Specific concerns respondents cited included:
- 68 percent – Not having enough money to retire
- 56 percent – Affording cost of living
- 45 percent – Debt levels
Notably, nearly one-in-three workers, including those earning more than $100,000, report running out of money before payday.
RECESSION DIVISION – Americans are divided when determining whether the U.S. is in a recession.
- Most Republicans (60 percent) say the U.S. is in a recession.
- Forty-eight percent in general (48 percent) say the U.S. is currently in a recession.
- A plurality of Democrats (40 percent) say it is not.
BOTTOM LINE – Job creation numbers and unemployment levels are strong, but until the persistent inflation comes down, Americans will continue to view the state of the economy negatively.
GO DEEPER –
- Scott Rasmussen Toplines – Click here
- CNBC Select – 77% of Americans are anxious about their financial situation—here’s how to take control
This Counterpolling™ survey of 1,000 Registered Voters was conducted online by Scott Rasmussen on March 7-9, 2023. Field work for the survey was conducted by RMG Research, Inc. Certain quotas were applied, and the sample was lightly weighted by geography, gender, age, race, education, internet usage, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population. The margin of sampling error for the full sample is +/- 3.1 percentage points.