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Chart of the Week: How Are Americans Feeling About their Economic Security After a Crazy Q1?

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Tariffs have dominated recent economic headlines, with plenty of debate over their impact. While the IMF has downgraded growth forecasts for both the U.S. and the global economy (a bad sign for Trump’s strategy), less attention is seemingly being paid to how these changes affect everyday Americans. So, how does the average American feel about the economy right now?

Here are the key takeaways from this week’s chart:

  • 😕Overall? A Mixed Response: There appears to be a mixed response from Americans overall on how they’re feeling about the economy compared to a year ago, with the average American just as like to say they feel more secure, less secure, or about the same.
  • 💰Income Makes a Difference: Americans who make $80,000 annually or more are feeling good about the economy over the last few months, and they have become increasingly more likely to say they feel more secure compared to a year ago.
  • 🚨Not Everyone is Feeling Great About the Economy: While Americans making under $40,000 annually follow similar trends compared to the average American, those making between $40,000 and $80,000 have a markedly different response. Since February, they have become more likely to say they’re feeling less secure compared to 12 months ago.