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Why Americans are feeling the economic gloom — and thinking about deflation - National

Deflation a widespread drop in prices typically makes people and companies reluctant to spend and therefore isn't desirable. ....

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World News | Why Americans Feel Gloomy About the Economy Despite Falling Inflation and Low Unemployment

Get latest articles and stories on World at LatestLY. Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s. And the U.S. economy has repeatedly defied predictions of a coming recession. Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy.
World News | Why Americans Feel Gloomy About the Economy Despite Falling Inflation and Low Unemployment. ....

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Why Americans feel gloomy about the economy: Income falling behind expenses for many

Only a part of the population is doing well: Two-thirds said their expenses have risen; only one-quarter said their income has. "(Americans) want these prices to be back where they were before the pandemic." ....

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Why Americans are angry about the economy: Inflation, deflation, disinflation

"They want these prices to be back where they were before the pandemic." ....

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