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Economic attitudes indicate encroaching anxieties

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Poll shows President Obama’s economic performance ratings at lowest point this year.

According to a recent Harris Poll, Americans are increasingly bracing for overcast economic skies: Only one in four U.S. adults (25%) believe the economy will improve in the coming year, down from a third (32%) at the beginning of 2015. Conversely, 27% believe the economy is going to get worse in the coming year – up from 21% in January.

Similar to economic and presidential ratings, the perception that the country is headed in the right direction is at its lowest point of 2015.

  • Millennials (32%) and Democrats (38%) are most likely to believe the state of the U.S. economy will improve.
  • Meanwhile, Baby Boomers (31%) and Republicans (39%) are most likely to say it will get worse.

Looking toward the homestead, 23% of Americans expect their own household's financial condition to get better in the next six months – on par with April (also 23%) but down from earlier in the year (27% January, 26% February); meanwhile, belief that the economic state of the household will backslide (22%) has risen some since February (19%).

  • Men are more likely than women (28% vs. 19%) to expect their household's financial condition to improve in the next six months, while women are more likely (59% vs. 50%) to believe it will remain the same.

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