May 13, 2022 44 secs
While that's not the case today — the economic recovery from the pandemic's economic fallout has been charging along — Americans aren't feeling good.

That's a dip from 65.2 in April, when Americans suddenly started to feel a whole lot better about the economy.

The university's index of consumer expectations tracking views on where the economy is headed in the near future plunged to 56.3 from 62.5, similarly reversing much of the progress seen in recent months.

And, in case it wasn't clear enough that Americans are pretty darn worried about inflation, a recent Pew Research Center survey of over 5,000 adults found that 70% view it as a "very big problem" for the country — a higher percentage than those who said the same of climate change, gun violence, and affordability of healthcare.

The bleak sentiment readings reveal Americans are far more focused on rising prices than the extraordinary strength of the economic recovery.


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