Most See Trump’s Economy Getting Worse

50%

A new Times/YouGov poll finds few Americans say they are better off under President Trump and most think the economy is getting worse. “Trump pledged to bring inflation down immediately and ‘make America wealthy again’ but only 13 percent of survey respondents said they were feeling any financial benefit. Some 50 percent thought the economy was worsening and only 24 percent that it was improving.”

Big Majority Says Trump Has Set the Economy on Course for Recession

69%

A new CNN poll finds a 59% majority of the public now says President Trump’s policies have worsened economic conditions and a 55% majority say that Trump’s tariffs have been bad policy. Overall, 69% of the public considers an economic recession in the next year to be at least somewhat likely, including 32% who say that’s very likely.

Consumer Sentiment Hits Two-Year High

72.6

“U.S. consumer sentiment soared in early July to an almost two-year high, bolstered by easing inflation and a strong labor market,” Bloomberg reports. “The University of Michigan preliminary index rose by 8.2 points to 72.6, the highest since September 2021. The reading topped all forecasts in a Bloomberg survey of economists, and the monthly advance was the largest since 2006.”