Seven in ten Americans say economy is in bad shape survey

RT.com
19 Sep 2022, 16:13 GMT+10

Around 72% believe the country is headed in the wrong direction

The vast majority of Americans are dissatisfied with the state of the economy, a poll from the Associated Press-NORC Center for Public Affairs Research shows.

According to the findings, around 29% of US adults say the economy is in good shape, and 71% say it is 'doing poorly'. The pollsters also revealed that only 27% of Americans are content with the economic and political course taken by the administration of President Joe Biden, while 72% say things are going in the wrong direction.

"President Joe Biden's popularity has improved substantially from his lowest point this summer, but concerns about his handling of the economy persist," the researchers noted, commenting on the survey results.

Only 38% approve of Biden's economic leadership, while 53% disapprove of the way he has dealt with raging inflation.

According to the polls, the vast majority of Americans are concerned about domestic problems rather than foreign policy issues. The top five concerns are the inflation rate, which jumped to 8.3% in August, the state of the economy and jobs, gun control, the abortion rate, and soaring gasoline prices.

The poll was conducted among 1,054 adults on September 9-12 using a sample drawn from NORC's probability-based panel, which is designed to be representative of the US population.

For more stories on economy & finance visit RT's business section

(RT.com)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iraq Sun.

More Information

25 ℃

Fair in Baghdad

International

Section

Negotiations successful in swapping five British held by Russia

LONDON, England: The non-profit organization Presidium Network has announced that five British prisoners of war captured in Ukraine have been ...

Malaysia to give Myanmar a hard time in upcoming ASEAN meeting after death of kids

KUALA LUMPUR, Malaysia - Southeast Asian nations must decide whether a five-point plan to end the violence in Myanmar is ...

Large number of illegal Bangladeshis arrested in neighboring Indian state

NEW DELHI, India - The Indian state of Tripura has decided to form a special investigation team (SIT) of local ...

US seeks lower truck emissions, transition to electric

WASHINGTON D.C.: After Congress approved new initiatives to speed the adoption of zero-emission vehicles, the U.S. Environmental Protection Agency (EPA) ...

Cyclone roars through Canada with 80 mph winds, damage called heavy

HALIFAX, Canada: Cyclone Fiona struck northeast Canada this weekend, with reports of houses being washed into the ocean, roofs torn ...

Royals reveal details of Queen Elizabeth II's final resting place

LONDON (CNN), 24 September 2022 - Buckingham Palace has released a photograph of Queen Elizabeth II's final resting place within ...

Arab

Section