Poll Shows 6 in 10 Americans Expect Recession in Next Year By Investing.com

© Reuters.

© Reuters.

Investing.com – A majority of Americans are expecting a recession within the next year, according to a new poll from Washington Post-ABC News amid widespread concerns over the Sino-U.S. trade war.

  • Six in ten respondents say a recessions is “very likely” or “somewhat likely” in the next year
  • That’s also affecting President Donald Trump’s approval ratings: 43% say Trump’s trade and economic policies have increased the chances of recession
  • 56% of Americans rate the economy as “excellent’ or ‘good”, down from 65% in November
  • Trump’s approval rating among voting age Americans has fallen to 38%, from 44% in June
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