Americans are pessimistic about the current state of the economy. According to the latest Economic Confidence Index published by Gallup, Americans' perception of the economy is negative, registering a score of -34. The index values the economy on a scale from 100, with 100 being the maximum score and -100 being the minimum

Since Joe Biden took office, citizens have only had a positive perception of the country's economic situation on two occasions: April and June 2021. In the first five months of this year, the evaluation has ranged from -20 (March) and -34 (May).

Despite this recent score, the valuation is significantly better than its worst score, which dates back to June 2022 at -58.

Beyond perception, opinions also diverge. 46% believe that the economic situation is poor, while only 22% believe that it is good or excellent. 33% believe it is fair.

Americans' sentiments also reflect these perspectives. The vast majority (70%) believe that the economy is getting worse, while 26% believe it is getting better.