Confidence Crisis: 27% of Americans Foresee Economic Downturn, Highest Since 2022

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27% of Americans expect business conditions to worsen over the next 6 months, the highest share since Q2 2022

This is even higher than 2020 and the second-highest since the 2008 Financial Crisis.
Additionally, the employment outlook dropped to its lowest level in 12 years

As a result, 67% of Americans perceive the likelihood of a recession over the next 12 months as somewhat likely or very likely, the highest share in 10 months

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