High prices and interest rates are still weighing on personal budgets.
Instead, most describe the economy as"uncertain," along with calling it bad, and"struggling" but not improved.
Interest rates, they report, are also a net-negative on their collective finances. Most, particularly younger people, report it's harder to buy a home than for past generations. As is often the case in these kinds of economic evaluations, what people see at the cashier, or on their bills on the kitchen table, has outsized impact over more abstract economic reports.But many still think the prices they pay are going up. That may comport with macro data sayingThere's plenty of skepticism about help from political leaders on either side of the aisle. It isn't good news for the president.
Most don't think the Biden administration is lowering inflation — another key metric to watch in coming months — and even fewer think congressional Republicans are taking actions that do so, with many not sure what they've done. As they campaigned to win the House majority last year, most voters expected them to prioritize dealing with inflation.
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