Overview

• 56% of Americans believe the country is in a recession, according to a Harris poll.
• Economic indicators show growth, with a 1.6% GDP increase in Q1 2024 and a 3.4% rise in Q4 2023.
• The unemployment rate remains low at 3.9%, contradicting recessionary conditions.
• High inflation and increased living costs are major factors shaping negative public views.
• Misconceptions about stock market performance and unemployment rates contribute to the public's economic pessimism.