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A CNBC All-America Economic Survey found that most Americans have a negative view of the economy and believe the situation is likely to worsen. President Donald Trump's economic approval ratings have plummeted to their lowest level amid ongoing pressures on the cost of living.
On July 18, 2569, CNBC news agency reported that The CNBC All-America Economic Survey. Found that Confidence among Americans in the U.S. economy has declined significantly, with 61% of respondents having a negative view of the economy, while only 25% were positive.
The poll indicates that the majority of respondents believe the economy is likely to deteriorate and blame President Donald Trump for the situation, resulting in his approval rating for the economy falling to its lowest level since taking office in his current term.
Although the U.S. stock market remains strong and inflation has begun to slow, many people continue to face pressure from the cost of living. Numerous households have reported having to cut spending on essential goods such as food and healthcare, as well as on leisure activities and eating out.
The survey also reflects that economic concerns have become a significant political factor ahead of the US midterm elections. Overall, voters remain negative about the economic outlook, even though some economic indicators show signs of improvement.
refer : www.cnbc.com
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