Nearly two-thirds of Americans say the US is in a recession
Nearly two-thirds of Americans believe the US is experiencing a recession, a Harris Poll conducted for the Guardian found. By the usual definition, the country is not in recession, but higher prices and a stagnant job market are making the economy feel weaker.
Image: theguardian.com · Author: https://www.theguardian.com/profile/guardian-community-team · source articleEditorial excerpt for news reporting
Nearly two-thirds of Americans believe the US is experiencing a recession, according to a new Harris Poll conducted for the Guardian.
Under the usual definition, a recession occurs when a country’s economic growth is negative for two consecutive quarters. The US does not currently meet that definition.
Still, higher prices and a stagnant job market are making the economy feel like a downturn for many Americans.
The Guardian is asking people in the US to describe their personal “recession indicator” — an everyday sign they associate with an approaching economic slump. Examples include conditions at work, grocery prices, changes at their children’s school or developments in their community.
Responses can be submitted through the Guardian’s form. The publication says contact details may be used for follow-up and will be visible only to the Guardian.
What we know
- Nearly two-thirds of Americans believe the US is in a recession.
- The Harris Poll was conducted for the Guardian.
- The usual definition requires negative economic growth for two consecutive quarters.
- Higher prices and a stagnant job market are driving a sense of decline.
Trust: Single source
- The story relies on one publisher. A second independent confirmation has not been established from the cited sources.
- Sources: The Guardian Business.
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