Six in 10 Americans believe that an economic crisis will result if Congress does not reach an agreement on the federal debt ceiling by Oct. 17, echoing the same sentiments Americans held as the country confronted the last debt ceiling situation in the summer of 2011. … Given the low […] Read more »
As debt ceiling looms, Americans fear for the economy
As America teeters of the edge of a potentially catastrophic default, Americans are unsurprisingly gloomy about the future of the economy. Tomorrow is the day that the Treasury Department says that the federal government will become unable to borrow more money and, as a consequence, be unable to pay many […] Read more »
Standard of Living Index Sinks to 10-Month Low
In yet another sign that partisan wrangling over the federal budget is rattling the American consumer, Gallup’s Standard of Living Index has tumbled eight points in the past month to 31, its lowest reading since January. The index is a summary of whether Americans are satisfied with their current standard […] Read more »
As Debt Limit Deadline Nears, Concern Ticks Up But Skepticism Persists
With just two days to go before an Oct. 17 deadline to raise the nation’s debt limit, 51% of the public views a rise in the nation’s debt limit as “absolutely essential” in order to avoid an economic crisis, while 36% think the country can go past the deadline without […] Read more »
U.S. Economic Confidence Continues to Slide Amid Shutdown
As the government shutdown continued for a second week and Washington leaders scrambled to avoid a default on U.S. debt obligations, Americans’ confidence in the economy continued to erode last week. Gallup’s Economic Confidence Index averaged -39, down five points from the prior week. That followed a 12-point drop during […] Read more »
Americans Say Creating Jobs Is Key to Improving Economy
As lawmakers in Washington focus on opening the government after the Oct. 1 partial shutdown, raising the debt limit, and debating the merits of the Affordable Care Act, Americans say creating jobs is the most important way for the federal government to improve the economy. These results are based on […] Read more »