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Nearly Half See Weaker Economy Ahead

Even as President Joe Biden touts the success of “Bidenomics,” more Americans expect the economy to get worse over the next year than think it will improve.

The latest Rasmussen Reports national telephone and online survey finds that 48% of American Adults say the economy will be weaker a year from now, while just 26% say the economy will be stronger. Fifteen percent (15%) expect the economy will be about the same a year from now, and another 11 are not sure. That’s a slight decline in economic confidence from February 2022, when 45% expected a weaker economy.  (To see survey question wording, click here.) 

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The survey of 1,095 American Adults was conducted on July 13 and 16-17, 2023 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research.

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