Inflation Staggers Public, Economy Still Seen as Fixable
The public continues to be extremely downbeat about the national economy. Just 10% say the economy is in good shape, while 72% say the economy is either in a recession (54%) or a depression (18%). On a personal level, concerns about rising prices have surged. Beyond widespread anxiety about energy costs, a growing number […]
Nation’s Real Estate Slump Hits Wealthy Areas
Summary of Findings Public assessments of the nation’s economy have fallen to a two-year low, and the nation’s economic outlook remains relatively gloomy. In particular, faced with a steady stream of negative news about the U.S. housing market, Americans are substantially less inclined than they were even a few months ago to say they expect […]
Are Americans out of Sync with Economic Reality?
If economists and real estate experts are correct in saying that the U.S. housing market is not only in a slump but likely to remain there for some time to come, that will come as a surprise to a (62%) majority of Americans who expect home prices to continue the upward trend of recent years. […]