Americans Most Pessimistic on Economy Since Post-Pandemic Era
A new CNBC survey shows public economic sentiment has cratered to post-pandemic lows, with Trump drawing the blame.
American confidence in the economy has collapsed to its lowest point since the grim years immediately following the COVID-19 pandemic, according to CNBC's All-America Economic Survey, with a growing share of the public pointing directly at President Donald Trump as the cause of the deteriorating outlook.
The survey captures a striking shift in national mood, reflecting widespread anxiety over financial conditions that has now reached levels not seen since the economy was still clawing its way back from pandemic-era disruptions. The findings suggest that whatever optimism accompanied the early months of the new administration has largely evaporated among everyday Americans.
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Perhaps most politically significant is the survey's finding that Trump is being held responsible for the worsening conditions. Public attribution of economic blame to a sitting president can carry serious electoral and policy consequences, signaling potential headwinds for the administration as it navigates trade tensions, tariff battles, and broader market volatility.
The All-America Economic Survey, a long-running CNBC benchmark, is designed to capture a broad cross-section of American opinion on financial conditions, personal economic situations, and expectations for the future. Results at these depths historically correlate with reduced consumer spending and heightened political pressure on the White House to change course.
With sentiment this weak, economists and political analysts alike will be watching closely to see whether the administration adjusts its economic agenda — or whether conditions deteriorate further before any rebound in public confidence materializes. Continue reading at US Top News and Analysis.
