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Report: Majority of US Adults Rate Economy Fair or Poor


The topic of the overall strength of the US economy inspires widespread debate among leaders and pundits. Posing the question directly to American adults provides a little more clarity on the subject. According to the July Consumer Spending Report from Chain Store Guide, 68% of respondents rated the US economy as either fair or poor while just 30.9% regard it as either good are excellent. While the percentage of adults confident in the economy may seem low, it has actually increased from last April, when only 21.6% regarded the economy as in excellent or good condition. The report also finds that 30.7% of adults feel their personal finances are getting better, versus 33.1% who feel they are getting worse. [REJ]